Simplifying the design of Inheritance Tax

A report published by the Office of Tax simplification was released on 5 July 2019. The report titled ‘Simplifying the design of Inheritance Tax’ explores three key areas of inheritance tax and make 11 recommendations within the...

Read more

The Private Sector legislation has landed!

The long awaited “private sector IR35” legislation has finally been released in draft form.  Rather than creating new legislation, the draft proposals extend the existing public sector legislation into the private sector (albeit with some...

Read more

IR35 draft legislation: first thoughts

The new draft IR35 legislation has been released today, here is a summary of the key points and our initial thoughts on them: Small end-clients outside of scope New Status determination Statement New Client led disagreement process The...

Read more

VAT: domestic reverse charge for building and construction services

On 1 October 2019, a new law will introduce a major change to the way businesses in the construction industry will charge VAT. The new rules should be considered by sub-contractors, contractors and any parties which have any work done to any...

Read more

POA demands go missing

The problem of missing demands for payments on account (PoA) first arose in 2017/18, but the issue appears to be far more widespread for 2018/19. There is a computer glitch with the processing of some 2017/18 SA tax returns, such that requests...

Read more