In January 2019 HMRC introduced the Profit Diversion Compliance Facility (“PDCF”).
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Tribunal case highlights the importance of record-keeping in residence cases
The decision in the First Tier Tribunal case J Charman v RCC was released on 20th December 2018.
The scope of the Trust Registration Service is expanding: what you need to know
Many of you will have heard by now of HMRC’s Trust Registration Service (“TRS”).
HMRC clarifies Loan Charge reporting for those engaged in ongoing settlement negotiations
Outstanding loans provided through Disguised Remuneration arrangements became taxable employment income on 5 April 2019.
Are Offshore Pension Schemes aware of their UK income tax liabilities?
The introduction of the UK Trust Register has given rise to some interesting and worrying conversations for offshore pension providers.
Why would selling shares after 17th March 2019 reduce your capital gains tax bill?
There is a relief from capital gains tax which was introduced for shares subscribed for on or after 17th March 2016, and held for at least three years.
EXTRA 1% SDLT FOR NON-UK RESIDENT INDIVIDUALS – CONSULTATION DOCUMENT ISSUED
In the 2018 Budget, the government announced a proposal to charge an extra 1% SDLT on non-UK residents buying UK residential property.
Failure of excluded property scheme for inheritance tax could have capital gains tax consequences
The taxpayers have recently lost a First Tier Tribunal case relating to an inheritance tax liability
The new Profit Diversion Compliance Facility- HMRC require much more than a transfer pricing report
Hundreds of multinationals will now have received a letter from HMRC, suggesting that they register for the new Profit Diversion Compliance Facility.
2019 Disguised Remuneration Loans Charge: an urgent call for clarity
On 4 December 2018, the House of Lords Economic Affairs Committee published its report ‘The Powers of HMRC: Treating Taxpayers Fairly’ (‘the report’).