TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Trusts: Online Tax Returns

HMRC Trusts has acknowledged the occurrence of serious problems with information not coming through when it is delivered in an online return. This information mainly concerns section 9 of the return and the details on the supplementary capital gains and foreign pages.

The latest position is that it is hoped to be able to fix the majority of these problems in the next four weeks. There is no need to contact HMRC at this stage if you have already made your online return for 2008–09. HMRC is expecting that all of the information that you sent on that return will be available to HMRC Trusts once the problems are fixed. You will be updated further on progress. This is an unacceptable inefficiency in HMRC’s online filing system and such problems must be fully resolved before mandatory filing of Corporation Tax Returns is introduced.

For further details see http://www.hmrc.gov.uk/agents/trusts-online-rtn.htm.