31 December 2019 – Deferred tax provisions in UK GAAP and IFRS accounts for the 2019 calendar year will need…
Continue ReadingInstalment payments
4 December 2019 – HMRC has published guidance for companies with annual taxable profits of over £20 million. For 12…
Continue ReadingCorporation tax rate
18 November 2019 – The Prime Minister announced that a Conservative government would not proceed with the cut in the…
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9 October 2019 – The OECD is continuing to lead efforts to overhaul the rules-based international tax system, which is…
Continue ReadingLife Assurance Manual
5 August 2019 – HMRC has published a new Life Assurance Manual containing guidance on the corporation tax treatment of…
Continue ReadingDisclosure of cross-border arrangements
22 July 2019 – HMRC is consulting on the implementation of new rules (known as “DAC6”) requiring taxpayers and their…
Continue ReadingFinance Bill 2019-20
11 July 2019 – Draft clauses for Finance Bill 2019-20 (which will become Finance Act 2020) have been published.
Continue ReadingCapital loss restriction
11 July 2019 – Responding to the earlier consultation, HMRC has amended the proposals for BLAGAB capital losses following concerns…
Continue ReadingInvestment funds manual
9 July 2019 – HMRC has published a new manual covering Unit Trusts, Open-Ended Investment Companies, Authorised Contractual Schemes, Offshore…
Continue ReadingInheritance tax
5 July 2019 – The Office for Tax Simplification has published its second report into simplifying IHT, including a recommendation…
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