This week’s UK tax tidbits, 10 June 2019

Updated guidance and forms relevant to the new loan charge on disguised remuneration feature this week.

• HMRC has updated the list (List 3) of professional bodies and learned societies, approved by HMRC for the purpose of section 344 ITEPA 2003 (allowable deductions from earnings for fees and subscriptions paid to professional bodies/learned societies)
• Guidance on the Soft Drinks Industry Levy has been updated
• Inheritance Tax: claim to transfer unused nil rate band for excepted estates (IHT217) has been updated
• The following forms and guidance relevant to pension schemes have been updated:- Pension Schemes Online: user guide, Manage a registered pension scheme and Information requirements for pension schemes
• The following forms and guidance relevant to charities have been updated:- Gift Aid schedule spreadsheets to claim back tax on donations and Charities: detailed guidance notes on how the tax system operates
• VAT Notice 700/1: who should register for VAT has been updated
• Prepare for changes to the off-payroll working rules (IR35) has been updated
• HMRC has introduced  new controls which prevent phishing via ‘spoofing’ or mimicking its most used and recognisable telephone numbers
• The advisory fuel rates changedon 1 June 2019