In brief: bereavement; admission fees; museums; SAV; CWG2(2014); repayment order; RTI

Bereavement

Form R27, “Reclaiming tax or paying tax when someone dies”, is felt by HMRC to no longer be necessary. It will be replaced from 13 October: PAYE taxpayers will be expected to use a simple, automated process, while there will be a tailored set-up for self assessment taxpayers that includes letters matching the individual’s circumstances.

Admission fees

HMRC has updated guidance for charities, to explain that the terms and conditions attached to a donation that gives a right of admission to property cannot include a right to a full or partial refund of the admission payment. The condition of the gift aid scheme is that any donation cannot be repaid under any circumstances.

Museums

HMRC have published for external comment a draft statutory instrument and tax information and impact note amending The VAT (Refund to Museums and Galleries) Order 2001. Comments should be emailed by 20 October.

SAV survey

Shares and Assets Valuation (SAV) have launched a survey to learn about taxpayers’ experiences when dealing with SAV. Call 0300 123 1082 to take part.

CWG2(2014)

HMRC have amended paragraphs 7, 10, 15, 16, and 23 of their Employer Further Guide to PAYE and NICs. A new paragraph (21a) has been added.

Repayment order

Former tax adviser Andrew Meeson, who was jailed for eight and a half years for pension scheme tax fraud in 2013, has been ordered to repay £1.6m. Failure to do so within six months will result in an additional ten years in prison, and he will continue to owe the money when he is released. Meeson was a president of the ATT.

RTI

The Social Security (Contributions) (Amendment No 4) Regulations SI 2014/2397 comes into force on 6 October. They cover the penalty provisions for employers who are reporting National Insurance under real-time information and consequential changes following abolition of the statutory sick pay percentage threshold.

Issue: 4472 / Categories: News