Help given
In 2010/11 HMRC distributed £2m across 37 organisations in the voluntary and community sector that help people with taxes, benefits and tax credits. The department says that these grants led to additional tax of £16.8m being declared last year, along with the take-up of an extra £48.7m in tax credits, benefits and tax repayments. In addition, 4,000 volunteers were trained to assist with tax and benefits issues.
RPI
The value of the retail prices index for October 2011 is 238.0.
SAV update
‘Shares and Assets Valuation (SAV) – an introduction’ has been updated to reflect current practices, in particular regarding the SAV enquiry line (0845 601 5693) and post-transaction valuation check and ITEPA 2003 post-transaction valuation check valuations.
Pension schemes
Trustees of registered pension schemes are reminded that the self-assessment return SA970 cannot be completed online. The deadline for the paper form is 31 January 2012 (not 31 October 2011).
Bank levy
HMRC have published the final version of the bank levy guidance.