This month’s UK tax tidbits
Up to date calculators and guidance on how to make a voluntary disclosure feature this month.
- Disguised remuneration: settling your tax affairs has been updated
- Inheritance Tax: probate summary (IHT421) has been updated
- Revenue and Customs Brief 2 (2019): VAT sets out HMRC’s view of the correct treatment for the deduction of import VAT paid by a taxable person who is not the owner of the relevant goods
- Check a National Insurance number using Basic PAYE Tools has been updated
- Notice 3001: customs special procedures for the Union Customs Code has been updated
- Let Property Campaign: your guide to making a disclosure and How to make a voluntary disclosure to HMRC have both been updated
- The following calculators have been updated:- Calculate interest and penalties for the tax years ended 5 April 1998 to 5 April 2018 and Calculate tax, interest, penalties and Class 4 National Insurance contributions for the tax years ended 5 April 2009 to 5 April 2018
- Register and report Automatic Exchange of Information has been updated
- The following toolkits have been updated:- Income Tax losses toolkit and Private and personal expenditure toolkit
- The following pension scheme forms have been updated:- Pension schemes: registered pension schemes relief at source annual claims (APSS 106) and Pension schemes: registered pension schemes relief at source interim claims (APSS 105)
- The standard lifetime allowance for pension increased to £1,055,000 from 6 April 2019
- HMRC have published new guidance on the new securities for the construction industry scheme
- Guidance on how to register for corporation tax as a non-resident company if you have sold, gifted or transferred interests in UK property or land has been published for the first time
- Company Tax Return taxonomies accepted by HMRC has been updated
- The Road fuel scale charge tables for VAT which apply from 1 May 2019 have been published
- VAT Notice 700/22: Making Tax Digital for VAT has been updated
- Pay non-resident Capital Gains Tax, Tell HMRC about Capital Gains Tax on UK property or land if you’re non-resident and Work out your tax if you’re a non-resident selling UK property or land have been updated to take account of the extended regime which applies from 6 April 2019
- Form P46 car has been updated
- How to complete a Company Tax Return has been updated
- How to complete forms P11D and P11D(b) has been updated
- Help and support for tax agents and advisers has been updated
- The latest Employment Related Securities Bulletin 31 (March 2019) is available
- 480: Expenses and benefits – a tax guide has been updated
- Find software that’s compatible with Making Tax Digital for VAT has been updated for the latest providers
- The latest Trusts and Estates newsletter and VAT Bulletins are available