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United Kingdom News




UK Announces Tax-Free Childcare Allowance

by Jason Gorringe, Tax-News.com, London

Thursday, February 15, 2018

IPSE, the Association of Independent Professionals and the Self Employed, has welcomed the UK tax authority's announcement that all working parents – including the self-employed – can now receive a tax-free childcare allowance. Read Full Story

 


Fractional Property Ownership Arrangement VAT-Exempt: UK's UT

by Robert Lee, Tax-News.com, London

Wednesday, February 14, 2018

The Upper Tribunal (Tax and Chancery Chamber) ruled on February 12 that the grant of fractional ownership of suites in a luxury complex in London were not similar in nature to the supply of hotel accommodation and fall within the exemption provided for the leasing or letting of immovable property. Read Full Story

 


Tax Agencies To Discuss TP Proactively With Willing MNEs

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 7, 2018

The OECD has recently launched a new program – the International Compliance Assurance Programme – being spearhead by the Forum on Tax Administration that is aimed at providing assurance to multinationals with regards to their transfer pricing affairs. Read Full Story

 


Brexit: EU Explains Tax Impact On Cross-Border Trade

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 7, 2018

The EU's Directorate-General for Tax and Customs Union has explained how the UK ceasing to be a member of the European Union will impact the customs and value-added tax rules applying to UK businesses and EU firms trading with the UK. Read Full Story

 


UK Tax Advisers Welcome Inheritance Tax Review

by Jason Gorringe, Tax-News.com, London

Monday, February 5, 2018

The Chartered Institute of Taxation has welcomed the announcement that the UK's Office of Tax Simplification is to undertake a review of inheritance tax. Read Full Story

 


UK Launches Inheritance Tax Review

by Jason Gorringe, Tax-News.com, London

Thursday, February 1, 2018

The UK's Office of Tax Simplification has been tasked with investigating options for reform of the UK's inheritance tax. Read Full Story

 


UK Urged To Reform Second Home Tax

by Jason Gorringe, Tax-News.com, London

Thursday, February 1, 2018

RSM, the professional services firm, has called for reform of the UK's new three percent additional stamp duty charge for those acquiring second homes or buy-to-let properties. Read Full Story

 


Wales Ready To Devolve UK Taxes From April

by Jason Gorringe, Tax-News.com, London

Monday, January 29, 2018

The UK Government and the Welsh Government have announced that they have completed preparations for the introduction of the first Welsh taxes for almost 800 years – land transaction tax and a landfill disposal tax. Read Full Story

 


Ibec Concerned With Piecemeal Brexit

by Jason Gorringe, Tax-News.com, London

Friday, January 26, 2018

The CEO of Irish business association Ibec has said that it is a fallacy to think that the UK leaving the EU customs union "will deliver massive new trade opportunities." Read Full Story

 


UK, Italy Taken To Task For EU Tax Law Infringements

by Ulrika Lomas, Tax-News.com, Brussels

Friday, January 26, 2018

The European Commission has asked Italy and the UK to bring their tax legislation into line with EU rules, as part of the latest infringement package. Read Full Story

 

 

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