In brief

RPI

The retail prices index for January 2016 is 258.80.

Direct recovery

HMRC has updated its guidance on how it will identify vulnerable taxpayers for direct recovery of debt purposes. The changes are in the ‘direct recovery of debts legislation’ and ‘indicators for identifying vulnerable customers’ sections. See tinyurl.com/jthbplr.

Pensions

Pension Schemes Newsletter 76 has been published by HMRC (tinyurl.com/hutuahg). It contains articles on relief at source – annual returns of individual information; the lifetime allowance reduction and pension flexibility – reclaiming over paid tax on death benefits.

VAT

The latest VAT Bulletin contains statistics and analysis on VAT receipts and registrations in the UK (tinyurl.com/zvrofmc).

Salary sacrifice

HMRC has updated its guidance on salary sacrifice (tinyurl.com/hb63bt8). The second entry in the table ‘examples of salary sacrifice’ has been amended to correct the explanation of how much of...