The Dormant Bank and Building Society Accounts (Tax) Regulations, SI 2011/22, have been made to ensure that the transfer of a balance in a dormant account to a ‘reclaim fund’ is ‘tax neutral’ and that operation of the unclaimed assets rules does not increase tax compliance burdens on financial in
The Dormant Bank and Building Society Accounts (Tax) Regulations, SI 2011/22, have been made to ensure that the transfer of a balance in a dormant account to a ‘reclaim fund’ is ‘tax neutral’ and that operation of the unclaimed assets rules does not increase tax compliance burdens on financial institutions. They come into force on 1 February.
The Dormant Bank and Building Society Accounts (Tax) Regulations, SI 2011/22, have been made to ensure that the transfer of a balance in a dormant account to a ‘reclaim fund’ is ‘tax neutral’ and that operation of the unclaimed assets rules does not increase tax compliance burdens on financial in
The Dormant Bank and Building Society Accounts (Tax) Regulations, SI 2011/22, have been made to ensure that the transfer of a balance in a dormant account to a ‘reclaim fund’ is ‘tax neutral’ and that operation of the unclaimed assets rules does not increase tax compliance burdens on financial institutions. They come into force on 1 February.
