This week’s UK tax tidbits, 3 April 2018

Apr 03, 2018

Features this week include updated guidance on the NI corporation tax legislation and regulations to implement Welsh tax devolution. 

  • HMRC have published guidance on SDLT for cross border transactions
  • Guidance on the operation of tax reliefs in the UK when Scottish Income Tax rates and bands change in April 2018 has been published
  • HMRC have published Spotlight 43 on the ruling that advertising in relation to certain SDLT tax avoidance arrangements was misleading
  • HMRC have updated their International Manual with a new section on Mutual Agreement Procedures (MAP), a process which enables Competent Authorities of treaty partners to interact with the intention to resolve international tax disputes
  • Seven further sets of regulations to implement Welsh tax devolution have been published
  • HMRC have released updated draft guidance on the operation of the Northern Ireland Corporation Tax legislation
  • An updated list of upcoming tax tribunal appeal hearings, including details of previous cases has been published
  • Residence, domicile and the remittance basis: RDR1 has been updated
  • Use P9X to find out which PAYE tax codes to change, how to change them and which codes to carry forward ready for the new tax year
  • Use the updated register to check the status of overseas corporate lenders who are passport holders for Double Taxation Relief on UK loan interest
  • Pensions Tax: changes to administration of Relief at Source is about changes affecting pension scheme administrators that reclaim tax relief using the Relief at Source method