Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

September 2017 Finance Bill is examined

03 October 2017 / Gary Ashford
Issue: 4618 / Categories: Comment & Analysis
istock-97139964_fmt

Going around again

KEY POINTS

  • Non-domiciles who have been UK resident for 15 of the previous 20 years will become deemed UK domiciled.
  • Changes to treatment of employment income paid through third parties.
  • Enabling legislation for Making Tax Digital.
  • Tough anti-avoidance measures.
  • Corporation tax measures to support BEPS.

The latest version of Finance Bill 2017 was published on 8 September and brought back most of the legislation included in the first one but which was taken out ahead of the snap election that took place in June. This was much to the frustration of many advisers particularly those who had worked for weeks in the run up to 6 April 2017 to prepare non-domiciled clients who would become deemed domiciled in the UK on that date.

In hindsight in a few areas...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries
Please email any questions you might have
to: taxation@lexisnexis.co.uk.

back to top icon