In brief

RPI

The retail prices index for April 2017 was 270.6.

Inheritance tax

HMRC has updated the inheritance tax grossing-up calculator to include the residence nil rate band.

Pensions

HMRC has published Pension Schemes Newsletter 8. It has articles on the pension advice allowance relief at source Scottish rate of income tax the pension scheme return and the SA970 tax return for trustees of registered pension schemes and changes to the scheduled publication of the recognised overseas pension schemes notification list.

e-books

The European parliament has voted 590 to eight to allow individual EU countries to align the VAT rate of e-books with the rate for printed publications. There were ten abstentions.

Toolkits

HMRC is updating the toolkits intended to help tax advisers to avoid errors in their clients’ returns. The revised...