HMRC has launched a help forum and webchat service: the 'Small Business Online Forum' is aimed at small business.
SME Tax News
The OTS has published a short focus paper on the future of disincorporation relief. To-date, the relief has attracted just 50 claims.
HMRC have published two documents regarding its relationship with the taxpayer and how this is developing/will develop in future. 'Corporate Report: Our Strategy' contains a declaration of their values, three strategic objectives and eight key decisions. 'Your Charter Annual Report: April 2016 to March 2017' is the Charter Committee’s report on how HMRC has performed against the standards expected in its Customer Charter.
On 12 July 2017, the Criminal Finances Act 2017 Regulations were introduced to Parliament bringing into force the new offence of failure to prevent the facilitation of tax evasion from 30 September 2017.
The Ministry of Justice's Office of the Public Guardian (OPG) says that it will refund overcharged fees in respect of processing applications for Powers of Attorney.
On 13 July 2017, HMRC published some draft legislation for Finance Bill (No.2) 2017 with minor amendments for the Deemed Domicile rules.
On 13 July 2017, HMRC published some draft legislation for Finance Bill (No.2) 2017 with minor amendments for IHT on enveloped property.
In Gresh v RBC Trust Company (Guernsey) Ltd and HMRC (judgment 6/2016) Guernsey’s Royal Court would not allow trustees to set aside a decision that caused a beneficiary an unexpected tax charge on his pension lump sum.
In Richard Steven Ward v HMRC [2017] TC05919 HMRC incorrectly disallowed a negligible value claim: it was sent by email and poorly worded.
In Davinder Heaven v HMRC [2017] TC05992 a lack of suitable evidence resulted in penalties for deliberate error for omissions from a tax return for a stressed lawyer.