Insights

Weekly tax update 17 July 2018

  • Written By: Geoff Everett, Andrew Wilkes
  • Published: Tue, 17 Jul 2018 11:31 GMT

General

  • HMRC extends Requirement To Correct (RTC) deadline
  • UK and four other countries launch J5 to tackle international tax crime
  • Public accounts committee raising concerns about HMRC
  • HMRC’s new ‘offshore, corporate and wealthy’ unit

Private client

  • Discovery assessments
  • Recovery of tax repayments
  • 2016/17 paper tax return processing backlog

Trust, estates and IHT

  • Woodlands – the tax reliefs available

Business tax

  • Hard-to-value intangibles and the transactional profit split method
  • Large businesses: requirement to publish tax strategies
  • HMRC sets out its views on ‘residential property’ for SDLT
  • Recent EIS and VCT amendments receive State Aid approval
  • EU anti-tax avoidance directive

VAT

  • Treatment of vouchers: draft legislation to come into force on 1 January 2019
  • Are goods containing precious metals and stones second-hand goods or scrap?

DISCLAIMER
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of publication.

Tagged with:

Tax

Cookie Settings