Insights

Weekly tax update 7 August 2018

  • Written By: Geoff Everett, Andrew Wilkes
  • Published: Tue, 07 Aug 2018 10:08 GMT

General

  • UK/Cyprus double tax treaty
  • Follower notices and APNs
  • Follower notices and APNs: Eclipse
  • Increase in tax take from the very wealthy
  • HMRC publishes ‘warning’ on requirement to correct
  • HMRC late payment interest rate to rise following the Bank of England rate rise

Private Client

  • Tax avoidance schemes: accelerated payments

PAYE and Employment

  • Spotlight 44 on disguised remuneration schemes affected by the loan charge
  • Contractor calculator calls CEST tool unreliable following substantial research

Business tax

  • Late payment interest charged on late applications of treaty clearance
  • Distributions in a winding up: HMRC updates its manuals

VAT

  • Supplies of the services of temporary workers by employment bureaux
  • HMRC publish draft update to Specified Supplies Order legislation
  • VAT prepayment rule
  • Making Tax Digital for VAT

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.

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