HMRC prompts disclosure of CGT liability on sale of shares
[ad_1] HMRC has written to taxpayers who may have sold shares and failed to include the disposal on their tax return. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article as […]
HMRC prompts disclosure of dividend income
[ad_1] HMRC has written to company owners who it believes may have failed to declare dividend income. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article as an activity to your […]
HMRC disclosure facility for non-resident landlords
[ad_1] Letters are being sent during August to companies resident outside the UK that HMRC’s records show hold UK commercial property and have not registered for income tax or corporation tax in relation to these properties. The letter requests the company to complete a certificate confirming whether the company needs to make a disclosure of unpaid […]
Mandatory disclosure rules replace DAC 6 in the UK
[ad_1] Cross-border tax avoidance arrangement disclosure rules devised by the OECD (known as the mandatory disclosure rules, or MDR) will enter into force in the UK on 28 March 2023. Arrangements entered into on or after this date must be reported to HMRC under this regime. The International Tax Enforcement (Disclosable Arrangements Regulations 2023) were agreed […]