Welcome to Tax update, which provides a round-up and explanation of the latest tax issues.

Read this week's Tax update

1. General

  • Finance Bill 2017 - implications of the 8 June 2017 general election
  • The Government's approach to tax policy making
  • Criminal Finances Bill 2017

2. Private client

  • HMRC self-assessment issues forcing paper filing
  • CGT deductibility of payment to remove onerous obligation

3. PAYE and employment

  • Changes to the PAYE system
  • HMRC April 2017 Employer Bulletin

4. Business tax

  • Double tax treaty passport scheme
  • ICAEW and ICAS guidance on realised and distributable profits

5. VAT

  • Investment trust companies (ITCs): output VAT on investment management fees
  • European Commission working paper on VAT implications of transfer pricing

6. And finally

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