Inland Revenue[QQ] The Inland Revenue’s website includes comments on the assessment by the Tax Faculty in its publication Towards a better tax system on IR35 Countering Avoidance in the Provision of Personal Services. Also, the Closer Working Action Plan is now available.
HM Customs and Excise
Customs has issued a new extra-statutory concession. From 1 June, charities which construct new buildings solely for non-business purposes can obtain zero-rating on construction costs.
English ICA Tax Faculty
Robert Jamieson and Jane Blades will give a lecture on 12 June on the Finance Bill.
Lord Howe will give the Hardman lecture on 9 November on tax simplification.
For details see the Tax Faculty website or call the faculty on 020 7920 8646.
Chartered Institute of Taxation
The institute has sent a submission on the Finance Bill 2000: Double Taxation Relief in response to Inland Revenue paper DTR: Outcome of the Review on 30 May 2000.
More information can be obtained from the Technical Department on 020 7235 9381 or from the institute’s website.
Department of Trade and Industry
The Electronic Communications Bill has received Royal Assent. This will, inter alia, give legal certainty to electronic signatures. (Press release 25 May.)
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.