Checklist.

Inland Revenue[QQ] Individual learning accounts have been introduced as tax relief under the vocational training relief scheme is abolished. Couples beginning divorce proceedings will, from 1 December this year, have the option of sharing pension assets as part of an overall settlement. Customs & Excise Regular statistical analysis of UK trade in goods is to be provided in a new Customs publication called UK Trade Trends. English ICA Tax Faculty Tax Faculty membership is to be offered at half rate from 1st July until the end of this year. Details of an advanced diploma, a new post ACA qualification, have been posted by the Faculty. Chartered Institute of Taxation The institute has made submissions on women’s sanitary protection products after the government proposed cutting VAT on them to five per cent. Parliamentary Developments The Limited Liability Partnership Bill has received Royal Assent. The DTI and the English ICA have welcomed the document. Accounting Standards Board The ASB has published for comment the discussion paper Share Based Payment aimed at accounting for employee share schemes. The board proposes that the cost of such schemes should written off through profit and loss accounts. www.inlandrevenue.gov.uk www.hmce.gov.uk www.taxfac.co.uk www.tax.org.uk.