1 General news
- Treasury Committee report on Making Tax Digital
- HMRC flood helpline
2 Private client
- Main residence elections and timing of assessments
3 Trust, estates and IHT
- Rectification of a trust deed
- IHT and transfers of value to pension funds
4 PAYE and employment
- Whether the value of cancelled options formed part of a termination settlement
- Updated HMRC guidance on negative earnings
- Whether drivers were workers or employees
- Levies and charges on employing staff
5 Business tax
- Non-CIV funds and entitlement to treaty benefits
- Withdrawal of extra statutory concessions
6 VAT
- Input VAT recovery on tax advisory invoice
- Whether an amendment of a claim was a new claim or part of the existing claim
- Withdrawal of extra statutory concessions
- Entitlement to VAT refunds and VAT groups
7 And finally
If you have any questions or feedback, please get in touch with your usual Smith & Williamson contact.
Download - Weekly Tax Update - 16 January 2017
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.