Deferred tax

31 December 2019 – Deferred tax provisions in UK GAAP and IFRS accounts for the 2019 calendar year will need…

Instalment payments

4 December 2019 – HMRC has published guidance for companies with annual taxable profits of over £20 million.  For 12…

Corporation tax rate

18 November 2019 – The Prime Minister announced that a Conservative government would not proceed with the cut in the…

International tax

9 October 2019 – The OECD is continuing to lead efforts to overhaul the rules-based international tax system, which is…

Life Assurance Manual

5 August 2019 – HMRC has published a new Life Assurance Manual containing guidance on the corporation tax treatment of…

Finance Bill 2019-20

11 July 2019 – Draft clauses for Finance Bill 2019-20 (which will become Finance Act 2020) have been published.

Capital loss restriction

11 July 2019 – Responding to the earlier consultation, HMRC has amended the proposals for BLAGAB capital losses following concerns…

Investment funds manual

9 July 2019 – HMRC has published a new manual covering Unit Trusts, Open-Ended Investment Companies, Authorised Contractual Schemes, Offshore…

Inheritance tax

5 July 2019 – The Office for Tax Simplification has published its second report into simplifying IHT, including a recommendation…