HMRC has issued a reminder that personal service companies and other intermediaries which submitted a provisional 2012/13 P35 have until 31 January to submit an amended form and pay any additional tax and NIC due.
Chargeable gains: indexation
The value of the retail price index for December 2013 is 253.4.
Inheritance tax: excepted estates
HMRC has invited comments by 7 February on the draft Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) Regulations 2014, which provide for changes to take account of FA 2013 s 176 and Sch 36 (treatment of liabilities for inheritance tax purposes).
VAT and excise duties: guidance
HMRC has updated Notice 476: Tobacco products duty; and Notice 60: Intrastat general guide. It has also published Excise Info Sheet 01/14: Restrictions on removals of cigarettes in the run up to Budget 2014.
Clearing houses: regulations
The Stamp Duty and Stamp Duty Reserve Tax (European Central Counterparty N.V.) Regulations, SI 2014/9, replace the EMCF regulations to take account of a reorganisation and change of name. They give relief from stamp duty and SDRT for certain transfers of traded securities or options.
Stock transfer forms
HMRC apologised for delays in the stamping of stock transfer forms received between 2 and 10 January, and said it hoped to solve the problem this week.
Double taxation relief claims: guidance
HMRC has rewritten its International Manual guidance on double taxation relief claims and requests for a certificate of residence.
Enactment of concessions
The draft Enactment of Extra-Statutory Concessions Order 2014, laid before Parliament on 6 January, amends ITEPA 2003 to give legislative effect to ESC A10 (lump sums paid under overseas pension schemes) and paras (a)–(c) of ESC A4 (travelling expenses of directors and employees earning £8,500 a year or more).
HMRC manuals
HMRC has announced updates to the following manuals: International (see above); Insolvency; VAT government and public bodies; VAT land and property; Venture capital schemes; Stamp duty land taxes; Self-assessment claims; Refunds to overseas business persons; Self-assessment; Residence, domicile and remittance basis; Appeals, reviews and tribunals; Inheritance tax; Savings and investment.
HMRC has issued a reminder that personal service companies and other intermediaries which submitted a provisional 2012/13 P35 have until 31 January to submit an amended form and pay any additional tax and NIC due.
Chargeable gains: indexation
The value of the retail price index for December 2013 is 253.4.
Inheritance tax: excepted estates
HMRC has invited comments by 7 February on the draft Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) Regulations 2014, which provide for changes to take account of FA 2013 s 176 and Sch 36 (treatment of liabilities for inheritance tax purposes).
VAT and excise duties: guidance
HMRC has updated Notice 476: Tobacco products duty; and Notice 60: Intrastat general guide. It has also published Excise Info Sheet 01/14: Restrictions on removals of cigarettes in the run up to Budget 2014.
Clearing houses: regulations
The Stamp Duty and Stamp Duty Reserve Tax (European Central Counterparty N.V.) Regulations, SI 2014/9, replace the EMCF regulations to take account of a reorganisation and change of name. They give relief from stamp duty and SDRT for certain transfers of traded securities or options.
Stock transfer forms
HMRC apologised for delays in the stamping of stock transfer forms received between 2 and 10 January, and said it hoped to solve the problem this week.
Double taxation relief claims: guidance
HMRC has rewritten its International Manual guidance on double taxation relief claims and requests for a certificate of residence.
Enactment of concessions
The draft Enactment of Extra-Statutory Concessions Order 2014, laid before Parliament on 6 January, amends ITEPA 2003 to give legislative effect to ESC A10 (lump sums paid under overseas pension schemes) and paras (a)–(c) of ESC A4 (travelling expenses of directors and employees earning £8,500 a year or more).
HMRC manuals
HMRC has announced updates to the following manuals: International (see above); Insolvency; VAT government and public bodies; VAT land and property; Venture capital schemes; Stamp duty land taxes; Self-assessment claims; Refunds to overseas business persons; Self-assessment; Residence, domicile and remittance basis; Appeals, reviews and tribunals; Inheritance tax; Savings and investment.
