What's New
Taxation
- 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.
- 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.
- HMRC: Agent Dedicated Telephone Lines
- HM Revenue & Customs (HMRC) is introducing Agent Dedicated Lines (ADLs), replacing the Agent Priority Lines.
- 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
- The House of Lords has approached the Treasury to request new legislation to protect siblings living together for many years in light of the European Courts of Justice decision in the case of Burden & Anr v UK.
- 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.
- Finance Act 2008
- The Finance Act 2008 received Royal Assent on 23 July 2008.
- Split Year Treatment: extra-statutory concession A11
- Guidance on split year treatment: extra-statutory concession A11
- Changes to stamp duty land tax
- The Chancellor has announced changes to the stamp duty land tax.
- Associated Company Rules
- After lengthy discussions between HMRC and the accountancy profession it has been agreed that S 35 FA 2008 will apply to corporation tax periods after 1 April 2008. For periods before 1 April the law as it previously stood should apply.
- CPD Courses Autumn 2008
- CPD courses covering every channel from ACCA UK Professional Courses.
- Income Tax Changes Announced
- The Chancellor has announced changes to the personal income tax allowances.
- 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.