} Tax news June 2021 | ICAEW
ICAEW.com works better with JavaScript enabled.

Tax news from June 2021

Latest news on the UK tax system, brought to you by the ICAEW Tax Faculty.

Tax news in brief

30-06-2021

Highlights from the broader tax news week ending 30 June, which includes: pensions schemes and leases to connected tenants, an extended time limit for notifying an option to tax, a reminder to tell HMRC about an EU VAT import one stop shop registration, HM Treasury's launching of the business rates revaluation consultation and HMRC's latest briefing on collecting tax debts.

Offsetting overpaid CGT against income tax

30-06-2021

HMRC has acknowledged its error in not allowing overpaid CGT on UK residential property to be offset against income tax. ICAEW’s Tax Faculty explains the solution that has been put in place for 2020/21 self assessment returns.

Making Tax Digital: the current state of play

30-06-2021

As work continues behind the scenes on the complex rollout of Making Tax Digital, ICAEW’s Tax Faculty has the latest details on where things stand with MTD for VAT and income tax.

Group loss carry-back allocation statements: regulations published

30-06-2021

The procedures required to appoint a nominated company to a corporate group and for that company to submit a loss carry-back allocation statement to HMRC under the extended corporation tax loss carry-back provisions have been set out in regulations. ICAEW’s Tax Faculty explains the details.

Tax news in brief

23-06-2021

Highlights from the broader tax news week ending 23 June, which includes: remind on switch to digital P800 and PA302s, corrections to legislation covering SDLT rates for no-residents and changes to IHT401 and exporting merchandise in baggage from 1 July 2021.

New tools for planning shared parental leave

23-06-2021

HMRC has launched new online tools to help parents understand their eligibility for shared parental leave (SPL) and plan how to use it. ICAEW’s Tax Faculty explains how mums and adopters can opt in even if not sharing with a partner

ICAEW supports aim of mandating PII for tax advisers, but more work is needed

16-06-2021

Government plans to mandate professional indemnity insurance for tax advisers could offer important consumer protection, says ICAEW, but further discussions are needed with the insurance industry to identify a viable solution which does not have a disproportionate impact on professionally qualified advisers.

Showing 10 of 25 items