related documents
Guidance, Examples and Case Studies
- Guide To...VAT - the change in the standard rate
- [25/11/08] - Following the Chancellor's announcement that the standard rate of VAT will be reduced to 15% on 1 December 2008, ACCA has prepared a guide to help members and their clients fully understand the changes.
- Technical factsheets
- Technical factsheets covering taxation.
- HMRC Agent Updates
- HMRC issues regular updates for accountants, or tax agents. The latest (number 8, published in October) and previous issues are available here.
- Valuation of Imported Goods
- Valuation of imported goods: customs valuation declarations and general valuation statements.
- VAT Special Scheme for Small Business
- An examination of three VAT special schemes available to small businesses - annual accounting scheme, cash accounting and flat rate scheme for small businesses.
- The Tax Consequences of a Change of Employment Status
- ACCA and HMRC provide an update on new legislation to deal with the tax consequences of a change of employment status.
- Salary Sacrific
- HMRC has published information on salary sacrifice.
- HMRC: Agent Dedicated Telephone Lines
- HM Revenue & Customs (HMRC) is introducing Agent Dedicated Lines (ADLs), replacing the Agent Priority Lines.
- Goodwill on Incorporation
- The Finance Act 2002 changed the treatment of goodwill amortised by companies. It does not apply to goodwill acquired prior to 1 April 2002 which continues to be treated within the capital gains regime, neither does it apply to internally-generated goodwill.
- Fuel provided for private use
- The VAT charges on fuel provided for private use change from 1 May 2008.
- Class 4 NIC
- HMRC is sending a letter and a repayment supplement cheque, for class 4 NIC refunds claimed between 19 April 1993 and 28 June 2005 that have been issued without a repayment supplement.
- Capital Gains Tax and Partnerships
- The treatment of partnerships in relation to capital gains tax has changed.
- Capital Gains Tax - Entrepreneurs' Relief
- The link between 'entrepreneurs' relief' and the former 'retirement relief' is reinforced by a similar restriction applied to both.
- Advance Thin Capitalisation Agreements
- HMRC has commented that despite concerns expressed in a number of enquiries, the guidance in Statement of Practice (04/07) still reflects its continued position on Advance Thin Capitalisation Agreements (ATCAs).
- Voluntary Disclosure Update
- Guidance on changes to voluntary disclosures.
- Travel Expenses: temporary workers and overarching contracts
- HM Treasury has launched a consultation document on the topic of temporary workers and overarching contracts.
- Offshore Disclosure - New Approach from HMRC
- HMRC has announced that it intends to write over the next three weeks (from 17 March 2008) to 5,000 individuals for whom it has information but us unable to match to earlier notifications.
- VAT Appeal Updates
- Details of appeal cases won or lost for tax advisers and other interested parties.
- Non-Dom Levy
- ACCA UK has prepared two documents to help members and clients understand the impact of the impending £30,000 'Non-Dom' Levy.
- New guidance on letters of engagement for tax practitioners
- New guidance on engagement letters for tax practitioners has been published.
- Inheritance tax changes
- Changes to the trust regime were announced in the Finance Act 2006 and took effect from 6 April 2008.
- Company cars - advisory fuel rates
- Changes to the advisory fuel rates for company cars take effect from 1 July 2008.
- Tax: Why it Pays to be Organised
- A new system of penalties for errors and omissions on tax returns has been introduced by HM Revenue & Customs (HMRC). Although the penalties themselves won’t be levied until after 1 April 2009, you need to act now to help your clients get organised and avoid a potential penalty.
- Split Year Treatment: extra-statutory concession A11
- Guidance on split year treatment: extra-statutory concession A11
- Guides to Benefits in Kind and Termination Payments
- New 'Guides To...' covering benefits in kind and termination payments.
- Draft Supplementary Anti-Money Laundering Guidance for the Tax Practitioner
- Technical Factsheet 140 provides anti-money laundering guidance for tax practitioners.
- Property Investment in Italy
- ACCA UK has published a new technical factsheet covering 'property investment in Italy'.
- Guides To...
- ACCA UK produces 'Guides To...' which are designed to be passed to clients and keep them informed on key issues.
- PAYE Forms - Online Submission
- Details of plans to submit PAYE forms online from 2009.
- Non-residence in (or domicile outside) the UK
- HMRC has identified a problem with the online filing of form SA109 Non-residence in, or domicile outside, the UK.
- Advisory Booklet
- CGT Reform - Guidance from ACCA (PDF)
Following the Chancellor’s statement in the October Budget, ACCA issued detailed guidance showing how proposed reforms to Capital Gains Tax could affect you. It includes working examples.