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The private client briefing for November 2011

John Endacott highlights key developments in the private client tax arena.

Tax transparency

he government issued a further three consultation documents on 14 November regarding the integration of income tax and national insurance contributions real time information for pay as you earn and the interestingly titled Modernising the administration of the personal tax system: tax transparency for individuals (see lexisurl.com/926XD). The closing date for comments on this last consultation document is 24 February 2012 and therefore it is assumed that there will be further pronouncements on this at the time of next year’s Budget. It is also no coincidence that it has been issued at the same time as the other two documents and it must clearly be read in...

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