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

Toolkits to Help Minimise Common Errors - Update

HMRC has recently published a number of updated toolkits.

The risks in each of these have been reviewed by HMRC and updated where necessary for 2012–13.

  • Capital Gains Tax for Shares Toolkit - two new risks have been added to address unattached computations and re-investment relief for gains invested under the Seed Enterprise Investment Scheme (SEIS).
  • Capital Gains Tax for Land and Building Toolkits - two new risks have been added similar to those added to the Capital Gains Tax for Shares Toolkit.
  • Trusts and Estates Toolkit.
  • Capital Gains Tax for Trusts and Estates Supplementary Toolkit.
  • Chargeable Gains for Companies Toolkit - now includes significant changes made in 2011 for groups of companies.

HMRC also published a further 3 updated toolkits: Directors’ Loan Accounts, Property Rental and Company Losses.