HMRC has designated the London-based ICAP Securities & Derivatives Exchange (ISDX) as a recognised stock exchange under ITA 2007 s 1005(1)(b), and as a recognised stock exchange for inheritance tax purposes, with effect from 25 April 2013.
David Barton sets out the key issues for advisers to consider this month.
Wendy Walton and Gemma Davies consider recent developments in the private client arena, including the new offshore disclosure facilities and HMRC’s managing serious defaulters programme.
Respondents gave a cautious welcome to HMRC’s aim to reduce complexity
Non-dom population has been ‘steadily growing’, says HMRC spokesman
Annette Morley on the disposal of agricultural property gifts.
IHT manual updated
Wendy Walton and Gemma Davies review the private client aspects of the draft Finance Bill.
SI 2012/2903
Wendy Walton and Gemma Davies review recent developments in the private client arena, which include the list of HSBC Jersey account details passed to HMRC and the Upper Tribunal decision in Buzzoni on gifts with reservation of benefit