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Electric cars; Negligible value; VAT;Savings tax; Gaming
Electric cars
HMRC has published draft guidance on workplace charging tax exemptions for electric and plug-in hybrid vehicles. Comments should be emailed to here by 5 July.
Negligible value
HMRC has accepted securities in Carillion plc as having negligible value for capital gains tax purposes under TCGA 1992 s 24(2). The effective date is 15 January 2018.
VAT
The House of Commons’ European Scrutiny Committee has issued a report VAT: EU proposals for reform and the implications of Brexit. It seeks more detail from the Treasury about the government’s VAT arrangements for cross-border trade between the UK and the EU after Brexit.
Savings tax
The Organisation for Economic Co-operation and Development (OECD) has published two reports on how savings are taxed and the use of net wealth taxes in OECD member nations.
