TAXline: November 2017
In this issue of TAXline, Robin Williamson outlines what personal representatives need to know when it comes to income tax and capital gains on estates; Ian Young examines the effect of human rights charters on taxpayers’ rights at home and abroad; Lynnette Bober explains the new rebasing relief available to foreign domiciliaries and John Cassidy assesses HMRC’s latest nudge letters.
Cover story: Death and taxes
Robin Williamson sheds some light on what personal representatives need to know when it comes to income tax and capital gains on estates.
Charters of fundamental rights
Ian Young looks at the development of charters to protect human rights – and taxpayer rights – in the UK and internationally.
Foreign domiciliaries rebasing relief
Lynnette Bober explains the rules for foreign domiciliaries rebasing relief, with some useful clarification from HMRC.
Exploring nudge letters
John Cassidy looks at HMRC’s compliance letters and what to do if your client gets one, including practical examples.
Changes to the benefits-in-kind rules
Kate Upcraft explains the new rules for optional remuneration arrangements – following changes to the benefits-in-kind rules in April 2017.
HMRC's guidance on unwinding home loan schemes
Rachael Dronfield looks at guidance on unwinding home loan schemes – created to save inheritance tax, while avoiding the gifts with reservation provisions.
September 2017 Tax Club – targeted anti avoidance rule
Randeep Dhaliwal reports on the presentation which covered the new targeted anti avoidance rule introduced to combat phoenixism.
|187||SA software upgrade for exclusions||Digital matters|
|188||New digital service for tax-advantaged venture capital schemes||Digital matters
|189||HMRC guidance on investors’ relief
||Savings and investment
||New pension lifetime allowance look-up service
|191||Herd basis and FRS 102||Business tax
||HMRC updates guidance on Class 1A NICs
||PAYE and employers
|193||Still entitled to child benefit?
||State benefits and statutory pay
||When is ordinary share capital not ordinary share capital? (The sequel)
||PRR: no minimum period
||Recovery of VAT on refurbishments
|197||Pension fund management services: change from January 2018||VAT|
||CJEU rules on cost sharing exemption||VAT|
||What is deliberate behaviour?||Compliance and HMRC powers
|Reasonable excuse and postal delays||Appeals and tribunals
|| New name for CFE