Tax update for the week commencing 24 September 2012
In this week’s edition of the tax update we look at:
- Tax disputes and the right to privacy
- Was a golf club subscription a single or composite supply and what was the VAT treatment?
- HMRC publishes Employer Bulletin 42 (read more on RTI developments)
- Consultation on US FATCA arrangements
Tax update for the week commencing 17 September 2012
In this week’s edition of the tax update we look at:
- Chancellor’s autumn statement
- Late filer campaign
- Employee travel expenses
- VAT exemption for education
Download notes relating to the podcast here.
Tax update for the week commencing 10 September 2012
In this week’s edition of the tax update we look at:
- National Minimum Wage increases
- Quantitative easing
- VAT changes guidance
- HM Treasury reshuffle
- HMRC Toolkits
Download notes relating to the podcast here.
Tax update w/c 3 September 2012
In this week's edition of the tax update we look at:
- Golf clubs and visitors’ fees
- Company cars – new advisory fuel rates for employers
- VAT cost sharing exemption
- Civil Partnerships Statements of Practice
- Banking sector tax yield statistics
Download notes relating to the podcast here.
Tax update w/c 27 August 2012
In this week's edition of the tax update we look at:
- HMRC ‘Agent View’ pilot
- HMRC Agent Update 31
- HMRC RTI YouTube video
- HMRC contact centres
- HMRC IHT manual
- Fuel scale benefit
Download notes relating to the podcast here.
Tax update w/c 20 August 2012
In this week's edition of the tax update we look at:
- Tax avoidance
- Late filing penalties
- Trusts for vulnerable people consultation
- Employers' PAYE
- Capital allowance claims
Download notes relating to the podcast here.
Tax update w/c 13 August 2012
In this week's edition of the tax update we look at:
- With the May RPI at 242.4 is the individual CGT regime fit for purpose?
- HMRC contact centres get 1000 more staff to answer the phone
- HMRC publish new guide to patent box for companies
- HMRC issue new guidance on drawdown pensions for women
- HMRC update guidance in their manuals on transfer pricing
- A land Rover discovery is a car for the benefit in kind rules
Download notes relating to the podcast here.
Tax update w/c 6 August 2012
In this week's edition of the tax update we look at:
- New guide considering how to fund a vehicle
- Cars available by a third party could be taxed as a benefit in kind of an employee
- Foreign Currency Assets and gains consultation
- HMRC issue BB22/12 on place of supply rules on services related to land
Download notes relating to the podcast
here.
Tax update w/c 30 July 2012
In this week's edition of the tax update we look at:
- HMRC update the company car benefit calculator
- Working Together Bulletin 49 is published
- Acceptable tax avoidance – some information on ISAs
- Government consults on tackling tax avoidance schemes
- HMRC Maladministration – David Preece wins penalty case
Download notes relating to the podcast
here.
Tax update w/c 23 July 2012
In this week's edition of the tax update we look at:
- Prices will rise in Spain with increased VAT from 1 September 2012
- Increased VAT on hot food, caravans and storage explanatory note
- HMRC declares war on Tax Avoidance
- Finance Bill 2012 published
- All change at HMRC Board level
- HMRC publish Continuous Improvement strategy
- HMRC has launched a video guide to help employers with RTI
- Whether an author good deduct his expense of keeping a boat?
Download notes relating to the podcast
here.
Tax update w/c 16 July 2012
In this week's edition of the tax update we look at:
- Recommended reading – the ONS report on UK wealth
- Consultation on capping reliefs for income
- Register with your Agent Account Manager(AAM) and get the benefits
- Tax avoidance scheme fails
Download notes relating to this podcast here.
Tax update w/c 9 July 2012
In this week's edition of the tax update we look at:
- Employers’ PAYE and NIC to be paid electronically by 22 July 2012
- HMRC progress report on e-mail pilot scheme
- HMRC launch a tax return campaign to encourage late filers to come forward
- Finance Bill 2012 progress and Royal Assent
- BBQ kits are all standard rated
- Clarification on new penalty regime and failure to take reasonable care
Download notes relating to this tax podcast here.
Tax update w/c 2 July 2012
In this week's edition of the tax update we look at:
- Is tax avoidance morally repugnant?
- Those unaffiliated to professional bodies who offer tax advice need to register with HMRC
- Self Build housing DIY scheme and VAT recovery on a vehicle turntable.
Download notes relating to this podcast here.
Tax update w/c 25 June 2012
In this week's edition of the tax update we look at:
- Consultation on penalties for employers who fail to comply with Real Time Information obligations
- Alert for 6 July deadline to complete any form 42
- HMRC publish organisation chart and salary details for senior people
- HMRC issue briefing on online security
- Ensure the invoice is related to a supply to be made if input VAT recovery wanted
Download notes relating to this podcast
here.
Tax update w/c 18 June 2012
In this week's edition of the tax update we look at:
- Scottish Football League denied input VAT on League Championship medals
- Scottish tax in the future – contribute to the debate
- Consultation on a general anti-abuse rule (GAAR)
- NAO publishes report on HMRC large settlement governance
Download notes relating to this podcast here.
*The views expressed in these podcasts are Derek Allen's personal views and do not necessarily represent ICAS policy or strategy.