What’s New

Life Assurance Manual

13 December 2018 – HMRC has published draft new guidance on the corporation tax treatment of life assurance companies under…

IFRS 17 deferral

14 November 2018 – The International Accounting Standards Board (IASB) has proposed a one-year deferral of the effective date for…

Offshore property funds

7 November 2018 – The UK is broadening its tax base to include disposals of all forms of UK land…

Capital loss restriction

29 October 2018 – The Government has announced in its Autumn Budget that corporate capital losses will be brought into…

Mutual deferred shares

23 October 2018 – HM Treasury has announced that, following consultation with mutual insurers and their representatives, it has decided…

Welsh rates of income tax

23 October 2018 – HMRC has published a technical note clarifying the scope of the Welsh rates of Income Tax…

Prudential Assurance judgment

25 July 2018 – The Supreme Court has released its judgment in the long running Prudential Assurance case which mainly…

Making Tax Digital

13 July 2018 – HMRC has published VAT Notice 700/22 which explains the new digital record keeping and return requirements…