TaxSource Total

Here you can access relevant source documents which support the summaries of key tax developments in Ireland, the UK and internationally

Source documents include:

The source documents are displayed per year, per month, by jurisdiction and by title

What you can do now

Consider now if your practice and client base are affected by the requirement.

Under the Regulations, advisers are required to use either the “general approach” or the “specific approach” to identify individuals to whom the prescribed notifications described must be sent.

This approach confirms therefore that HMRC have no objection to notifications being sent out to every client in the firm’s database if identifying specific individuals is too time-consuming or onerous.

Both approaches exclude individuals the adviser reasonably believes were not (or will not be) resident in the United Kingdom in either or both of the tax years 2015–16 and 2016–17 or for whom, on 30 September 2016, the adviser has no reasonable expectation of advising further or providing more services.

The specific approach similarly excludes individuals for whom the adviser has prepared and delivered (or expects to do so) a personal tax return disclosing the effect of the advice or services provided.

An individual identified using the general approach may be similarly excluded if the adviser so chooses.