.png)
.png)
...stock exchange; ISA Bulletin; investment trusts
Signposts
HMRC has asked for the use of primary and secondary “signposts” by advisers writing to the taxman about clients’ self assessment and PAYE affairs. The headings help officials to identify the broad content of the letter, decide whether or not specific technical input is required, and allow make sure the correspondence reaches the right area of the Revenue as quickly as possible, said the department.
Toolkits
HMRC have revised five of their toolkits.The risks in each have been reviewed and updated for 2012/13.
- Capital gains tax for shares: two new risks added to address unattached computations and re-investment relief for gains invested under the seed enterprise investment scheme.
- Capital gains tax for land and building: two new risks added to address unattached computations and re-investment relief for gains invested under the seed enterprise investment scheme.
- Trusts and estates.
- Capital gains tax for trusts and estates supplementary.
- Chargeable gains for companies: now includes the changes made in 2011 for groups of companies.
RTI workshops
More Learning Together events about reporting PAYE via real-time information (RTI) are taking place across the UK. They are free of charge, but delegates must be registered with HMRC’s agent account manager service. Bookings can be made through the department’s website.
Stock exchange
ICAP Securities & Derivatives Exchange Ltd has been designated as a recognised stock exchange.
ISAs
The latest ISA bulletin, number 52, contains articles on the changes to regulations, application forms, reimbursed commission in respect of ISA investments and annual returns of information.
Investment trusts
HMRC have published a draft statutory instrument to amend The Investment Trust (Approved Company) (Tax) Regulations 2011 and explanatory memorandum, for comment by 28 May.
