This week’s UK tax tidbits, 6 August 2019

Aug 06, 2019

Updated guidance on the disguised remuneration loan charge and the R&D expenditure credit feature this week.

  • HMRC issue briefing: disguised remuneration charge on loans has been updated
  • How to pay taxes, penalties and enquiry settlements if you cannot find instructions in other 'paying HMRC' guides, or if your payment reference starts with X has been updated
  • The guidance on how to claim the R&D expenditure credit for claims under the UK’s “large” R&D tax relief scheme for companies has been updated
  • Find updated details of the schemes that have told HMRC they meet the conditions to be a recognised overseas pension scheme
  • The return which must be submitted if a company or group’s interest deductions and financing costs are restricted under the corporate interest restriction legislation has been updated. Abbreviated returns should be completed if there is no restriction
  • Create an agent services account has been updated