Self assessment
The deadline for paper self assessment returns for 2013/14 is 31 October. Online returns must be filed by 31 January 2015.
Finance Bill
Draft clauses to be included in the Finance Bill will be published on 10 December 2014, together with responses to policy consultation, explanatory notes, tax information and impact notes and other accompanying documents. The consultation on the draft legislation will be open until 4 February 2015.
Self assessment
The deadline for paper self assessment returns for 2013/14 is 31 October. Online returns must be filed by 31 January 2015.
Finance Bill
Draft clauses to be included in the Finance Bill will be published on 10 December 2014, together with responses to policy consultation, explanatory notes, tax information and impact notes and other accompanying documents. The consultation on the draft legislation will be open until 4 February 2015.
Fair Tax Mark
SSE plc, the UK’s second largest energy supplier, has become the first FTSE 100 company to be awarded the Fair Tax Mark, the new transparency standard. In changing its tax reporting to comply with the fair tax mark criteria, the business is providing information that moves its disclosure well beyond the current requirements of UK company law to ensure that it provides all its stakeholders with the information they need to appraise its tax affairs.
Pensions Bill
The Taxation of Pensions Bill was introduced in the House of Commons on 14 October 2014.
FATCA
HMRC have launched a new online service for UK financial institutions to register and report financial information on behalf of their US clients in accordance with UK/US legislation.