Admin

The Upper Tribunal’s revised Rouse decision, following the Supreme Court ruling in Cotter, further muddies the waters of the self assessment process

Revenue & Customs Brief 40/13 has been issued to cover the withdrawal of Public Notice 915 – Assessments and Time Limits: Statement of Practice and Public Notice 208 – Excise Assessments.

Notice 915 set out HMRC’s procedures for making and notifying assessments to VAT, other indirect taxes and penalties. It included an explanation of how the department would apply the legal time limits that relate to such assessments.

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.

Your final ‘to do’ list of 2013

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:

TBD Morris Environmental Ltd (TC3009)

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

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.