Admin

Tax admin to think about and do

The measures so far in Scotland, Northern Ireland and Wales

Almost one-third of a million taxpayers will receive self assessment (SA) reminders before the end of the month.

HMRC are sending 650,000 emails ahead of the 31 January deadline to people who are yet to file their returns online or pay the tax owed.

The messages follow the launch of the Revenue’s fully digital SA service that provides real-time digital alerts with direct links to returns, guides and tools on GOV.UK. More than 670,000 individuals have already opted to go paperless next year, according to tax officials.

By Keith Gordon; third edition; 277 pages; £74.50; Claritax Books

UK v European Commission (Case C-640/13), Court of Justice of the EU

Enforcement by deduction from accounts is unlikely to be wholly effective

Bear in mind...

The inconsistencies of HMRC’s unified system of fines

M Hunt (TC4183)

Abbey Forwarding Ltd (in liquidation) (TC4190)

Northern Ireland and Wales

The Corporation Tax (Northern Ireland) Bill provides for the devolution of tax powers to the Assembly and should allow Ulster to set its own rate of corporation tax from April 2017. Non-trading profits such as income from property are excluded, and power over the corporation tax base will remain with the UK parliament. The Wales Bill has received royal assent. It devolves a range of tax-raising powers to Wales.

HMRC have extended the registration deadline of their contractor loan settlement opportunity.

Taxpayers now have until 30 June to notify the department that they wish to take part in the tax disclosure facility that was originally scheduled to close on 9 January.

A contractor loan scheme settlement is an arrangement in which a non-UK employer pays a worker untaxed income or a loan, instead of all or part of a salary. Individuals who take part in such a scheme may still have to pay income tax.