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Tasks to share around the office

Could the relatively short draft of FA 2014 be the start of a welcome trend?

Michael Birch t/a The Woodman Inn (TC2951)

HMRC have launched a consultation that seeks views on changes to VAT law. The potential alterations would clarify the assistance available to VAT-registered businesses that are required to file their returns online but have difficulty doing so.

Key dates for your diary

A McMullan (TC3025)

HMRC have launched an online service for overseas scheme managers and UK scheme administrators of qualifying recognised overseas pension schemes (QROPS).

Users of the new offering can notify the Revenue that a scheme is a recognised overseas arrangement, and report payments made out of funds received from a UK pension scheme.

The system also allows managers to notify tax officials of fund value, change to details or status, and additional information required for schemes that were formerly QROPS.

The Treasury has published draft legislation for consultation and future inclusion in Finance Bill 2014.

It relates to measures proposed in past Budgets and provides more detail of announcements made in the autumn statement earlier this month.

Avoidance: partnerships

As announced in the 2013 Budget, and following consultation over the summer, legislation will be introduced to counter avoidance by partnerships. In particular:

Your final ‘to do’ list of 2013

TBD Morris Environmental Ltd (TC3009)

CRC v Bosher, Upper Tribunal (Tax and Chancery Chamber)

Tasks to share around the office this week