Five things you need to know about tax, 1 June 2018

May 31, 2018

Highlights this week include guidelines for contacting the Collector-General’s Division, more self-assessment online filing exclusions in 2017/18 and ECOFIN adopt mandatory disclosure rules for certain cross-border arrangements. 


  1. Revenue recently published a new Tax and Duty Manual which summarises the main changes to the corporation tax return (CT1) for 2018.The CT1, along with the Form 46G (Company) for 2018 were made available in April
  2. If you are contacting the Collector-General's Division through MyEnquiries you may find the Revenue guidelines helpful when trying to identify the appropriate category and sub-category to select



  3. HMRC have recently published the first version of the self-assessment online filing exclusions for 2017/18. Disappointingly, the list contains 12 new exclusions (numbers 79-90 inclusive).
  4. Our survey on HMRC performance has now closed, thanks to those who took the time to complete it. We’ll be analysing the results to report back to you soon



  5. The European Council of the European Union (ECOFIN) recently adopted rules aimed at boosting transparency to prevent aggressive cross-border tax planning. The directive targets intermediaries such as tax advisors, accountants and lawyers that design and/or promote tax planning schemes.  It will require them to report schemes that are potentially aggressive.