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In brief: taskforces; charities online; ATED; SDLT returns; P35 penalties

24 September 2013
Issue: 4421 / Categories: News

Taskforce focuses on security industry

The next wave of HMRC taskforces has been launched to focus on the private security industry in London and the south-east to counter fraudulent VAT repayment claims;  the construction industry in London; hidden wealth in the Midlands, including people with offshore accounts and those with lifestyles beyond their obvious means through assets from undeclared income; and the hidden economy in the second-hand motor trade in the Midlands.

Taskforce focuses on security industry

The next wave of HMRC taskforces has been launched to focus on the private security industry in London and the south-east to counter fraudulent VAT repayment claims;  the construction industry in London; hidden wealth in the Midlands, including people with offshore accounts and those with lifestyles beyond their obvious means through assets from undeclared income; and the hidden economy in the second-hand motor trade in the Midlands.

Charities online

From 1 October charities must make gift aid repayment claims using HMRC’s charities online service. The department has sent 126,000 letters to charities and community amateur sports clubs who have made a gift aid claim in the past three years, reminding them that they will not be able to use the old R68i claim form after that date.

ATED

HMRC have published a notice about the requirement to make an annual tax on enveloped dwellings (ATED) return and how to fill it in. The deadline for submitting the 2013/14 ATED return is 1 October.

SDLT returns

HMRC’s guide for completing paper stamp duty land tax (SDLT) 1 returns has been updated to include the new pre-completion transaction relief code 34 and relief from 15% rate of SDLT code 35.

P35 penalties

HMRC are issuing penalties to employers for whom they have no record of receiving the 2012/13 P35 and P14s. Penalties are also being sent to employers that were in the real time information pilot that have not filed their relevant submission. The deadline for a final full payment submission was 19 April; the earlier year update or final employer payments summary should have been filed by 19 May.

Issue: 4421 / Categories: News
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