Admin

The chancellor should resist the urge to make tax announcements in the autumn statement

New PAYE payment booklets for 2014/15 will be issued between 14 December 2013 and 31 March 2014, HMRC have said, with the result that the department will be unable to issue the 2013/14 equivalents.

Requests for a 2013/14 booklet made between 14 December 2013 and 17 January 2014 will be settled by 27 January 2014. Requests made from 20 January 2014 will be handled normally.

Employers who have a payment to make by19 December 2013 and/or 19 January 2014 should use the online facilities to make payment if they do not have a payslip, said the Revenue.

HMRC seek views on revamped direct collection rules

HM Treasury has published a summary of responses to the summer’s consultation on the changes to the eligibility rules for community amateur sports clubs (CASCs) and the associated tax reliefs.

The latest document sets out details of the new rules:

National Insurance; capital gains tax; social investment tax relief; creative industries; avoidance; Charity Commission

E Behague (TC2983)

Tax experts have raised concerns about the government’s plan to impose capital gains tax (CGT) on overseas residents who sell UK property, calling it an attack on rich non-voters and warning that it could discourage foreign investors.

The chancellor, George Osborne, announced the charge in his autumn statement today, after weeks of speculation it would form part of an anti-avoidance package in his speech to the Commons.

There is no workable set-up without efficient administration

HMRC guidance on the gift aid small donations scheme in relation to mergers of charities or community amateur sports clubs (CASCs) does not include specific reference to time limits – but they exist for new organisations to notify the tax authority if they want to take over a claims history after a merger.

The newly created body must make its application at least 60 days before its first gift aid claim or within 90 days after the date on which the current organisation began to carry on the activities of the previous one, whichever falls earlier.

Points to consider

Making use of the alternative dispute resolution process

TRM Electronics Ltd (TC2989)