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Today’s tidbits cover the latest HMRC performance stats and the most recent Trusts and Estates newsletter.
The latest Tax Gap statistics have been published. According to the publication, this is estimated to be £31 billion for 2018/19 and is the lowest recorded rate;
In the most recent Agent Update, HMRC sets out its approach to calculating top slicing relief on chargeable event gains in the wake of legislative changes announced in Budget 2020;
The latest HMRC monthly performance reports have been published: May 2020 and April 2020;
An updated list of community amateur sports clubs registered with HMRC has been published;
The latest Trusts and Estates newsletter is available
Calculate interest and penalties for tax years ended 5 April 1998 to 5 April 2019 has been updated; and
Angela MacDonald has been appointed Deputy CEO and Second Permanent Secretary of HMRC following an external competition.
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