Paymaster general Dawn Primarolo said the Treasury has reached agreement in principle with the British Banker’s Association and the Building Societies’ Association which will permit, when the deceased has sufficient funds to their credit, the transfer of funds direct to the Revenue.
In a statement to parliament she said: ‘The government hope to see the maximum possible take up of this welcome scheme, which will start later this year.’
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy