Spring Statement 2018: 5 key consultations
Chancellor Philip Hammond announced 13 consultations in his Spring Statement on 13 March 2018. Here are 5 of the key consultations revealed: VAT registration threshold A review has been launched into the design of the VAT threshold, amid concerns it may currently be...MTD – Making Tax Digital
… or Making Tax Difficult as I prefer to call it ! The government has back-tracked on their original proposal to digitise taxpayers’ affairs. The original plan, to have most self-employed traders and landlords uploading accounts and VAT data from April 2018, was...Received an HMRC Tax Refund Email? It’s probably a Phishing Scam!
Several of my clients have recently told me that they’ve been receiving emails, supposedly from HMRC, inviting them to click links within the emails in order to apply for tax refunds. Regrettably, some have confirmed that they did indeed click the links then log onto...A precious gift
A gift to a charity or community amateur sports club (CASC) is precious in many ways. It expresses your appreciation in a beneficial way and potentially helps the charity/CASC continue doing what they do into the future. If you decide to gift aid your donation it also...CGT on property held by non-UK residents
The government has issued a consultation document on implementing a capital gains tax charge on non-residents disposing of UK property. The charge is to take effect from April 2015. The initial consultation period has closed and the government is considering the...
David K Crossley CTA, ATT
Member of the Chartered Institute of Taxation