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IR35
Independent tax advisers have called for business entity tests to be abolished because they are “not working in the way they were intended”, according to the minutes of the May meeting of HMRC’s IR35 forum.
IHT toolkit
HMRC have updated the inheritance tax toolkit to help agents avoid when completing form IHT400. The toolkit is effective for deaths occurring on or after 6 April 2014.
IR35
Independent tax advisers have called for business entity tests to be abolished because they are “not working in the way they were intended”, according to the minutes of the May meeting of HMRC’s IR35 forum.
IHT toolkit
HMRC have updated the inheritance tax toolkit to help agents avoid when completing form IHT400. The toolkit is effective for deaths occurring on or after 6 April 2014.
Grants
HMRC are inviting applications for grant funding from eligible voluntary and community sector organisations for 2015/16. See GOV.UK for details of the application process. The closing date is 31 October.
Gambling tax
A further update about the implementation of new rules for certain gambling taxes on 1 December is available on HMRC’s website.
Official rate
HMRC confirm that the official rate will remain at 3.25% for the next quarter, which begins on 6 October.
Retail export scheme
Revenue & Customs Brief 34/14 announces a market engagement event where HMRC will discuss options for developing a digital VAT retail export scheme with potential providers.
Imported goods
VAT (Imported Goods) Relief (Amendment) Order 2014 No 2364 ensures the exclusion from import VAT on low value importations from the Channel Islands is limited to goods imported on mail order.
