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In brief

21 March 2017
Issue: 4592 / Categories: News

Finance Bill; Card transactions; Pensions; Tax exemption; Compliance checks

Finance Bill

Finance (No 2) Bill containing 135 clauses and 29 schedules was published on 20 March.

 

Card transactions

HMRC has rebranded the credit card sales campaign as the card transaction programme to cover its scope more accurately.

 

Pensions

HMRC’s Pension Schemes Newsletter 85 is available. It covers pension changes announced in this month’s Budget qualifying recognised overseas pension schemes reporting of non-taxable death benefits through real-time information relief at source Scottish rate of income tax lifetime allowance and pension scheme registrations.

 

Tax exemption

Details of a measure to extend the income tax exemption for compensation payments paid by the Scottish Infected Blood Support Scheme have been published in a tax information and impact note. It ensures that such payments to individuals infected with HIV or hepatitis C due to contaminated blood during...

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