Tax credits; Woodlands; Toolkits; State aid; Requirement to correct; Charities
Tax credits
People who claimed tax credits during 2017-18 and who have received renewal forms from HMRC must submit them by 31 July. Claimants with Amazon Alexa-enabled devices can ask Alexa to ‘open HMRC’ for information on a change of circumstance payments or a renewal. No personal information is stored and claimants cannot renew their tax credits using it. See here.
Woodlands
HMRC has published a guide for owners of ancient woodlands on the conditional capital gains tax and inheritance tax exemptions available for heritage assets. It also outlines the exemptions for commercial woodlands. See here.
Toolkits
HMRC is updating its toolkits for tax agents for the 2017-18 tax year. See here.
State aid
The European Commission has notified its decision to approve the latest enterprise investment scheme and venture capital trust scheme amendments. These changes...
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