Technical resources

Ten common tax elections and claims

We look at some of the more common elections and claims that are useful tax planning or compliance tools

Technical factsheet: landlord reliefs and taxes

Over the past 10 years the government has attacked the buy-to-let market with a raft of new provisions designed, in part, to make this activity less attractive. This factsheet explores the reliefs and taxes affecting landlords.

Technical factsheet: inheritance tax planning

Unlike income tax, inheritance tax is something that clients will prefer not to think about until a fairly momentous stage in their life

Frequently asked questions on residential buy to let property

Our handy guide will keep you informed on BTL taxation rules

Inheritance tax and how to reduce it

There are a number of steps that clients need to understand to ensure that they receive HMRC allowances

New or changed in April

Prepare for changes scheduled from April onwards

Budget 2015

You can find ACCA's guide to the Chancellor's 2015 Budget, together with a handy table of tax rates and allowances and our Budget Newsletter here.

Tax penalty regime, mitigation, suspension and current developments

HMRC is examining its tax penalty regime. Learn how and have your say.

Finance Bill 2015

A summary of the key provisions included in the Finance Bill 2015 and measures that have an immediate effect.

Double taxation

This page brings together information on double tax treaties in force, along with details of recent changes.

Ten common tax elections and claims

How to make claims under common tax elections.

Self-assessment tax return – HMRC useful links.

A list of most relevant HMRC links that includes:How to fill in your tax return, residence, remittance basis etc. notes,Capital gains summary notes, UK property notes, Additional information notes, and many more

Contractors loan settlement opportunity

The opportunity to disclose loan settlements has been extended to 30 June with HMRC stating that any settlement “should be agreed by 30 September 2015 at the latest.

Draft Finance Bill 2015 published

The government has published the draft 2015 Finance Bill.

Changes to Discretionary Trusts

The Finance Act 2014, Schedule 25 contains four separate provisions relating to inheritance tax on discretionary trusts, effective from 6 April 2014.

Offshore tax evasion

The government continues its crackdown on those seeking to illegally evade their UK tax liability by using offshore tax shelters.

Inheritance Tax: a new Act

The Inheritance Tax and Trustees’ Powers Act 2014 came into force on 1 October 2014.

Tax Evasion and Avoidance

Three new consultations have been launched on the subject of tax evasion.

HMRC’s alternative dispute resolution

HMRC's Alternative Dispute Resolution Service has now been made nationwide and permanent and offers a simpler way of resolving tax disputes.

ACCA's 2014 Budget Summary

You can find ACCA's guide to the Chancellor's 2014 Budget, together with a handy table of tax rates and allowances and our Budget Newsletter here.

Inheritance tax and the Autumn Statement

How will inheritance tax change following the Autumn Statement?

Gifts and inheritance tax

[15/10/2013] Help clients understand the types of transfers which can be made under inheritance tax legislation.

Inheritance tax - Scotland

HMRC has produced a suite of forms for dealing with inheritance tax on Scottish estates

Inheritance tax – gift schemes

[16/09/2013] Discounted gift schemes can exist where a gift or gifts are made by an individual whose estate is likely to face an IHT charge and where the gift or gifts are structured to ensure that the value of the gift is less than the value of the assets being removed from the individual’s estate. The most common schemes are insurance product based.

Inheritance tax and quoted securities

The list of recognised stock exchanges for post-death IHT revaluations has been updated.

Barclays Bank Trust Co Ltd v CIR

Business property relief; large cash balance held by company and restriction of relief.

HMRC issue IHT toolkit

HMRC issue new IHT toolkit.

HMRC recoups £26m missing inheritance tax using complex pc systems

HMRC recovers £26m in missing IHT and reveals details of its ‘Connect’ IT system.

Estate planning, IHT and probate

A look at areas where probate laws in Scotland differ from those that apply in England and Wales.

HMRC toolkits

The Expenses and Benefits from Employment Toolkit and the National Insurance Contributions and Statutory Payments Toolkit have been updated and can be used for 2011/12 tax returns. Access the HMRC toolkits via the link on this page.

Employee benefit trusts and IHT

HMRC brief 18/11 sets out HMRC's view on inheritance and trust tax issues associated with employee benefit trusts

HMRC - changes in practices relating to trusts and estates

HMRC - changes in practices relating to trusts and estates

Probate

The EU has adopted a regulation to define European law on cross-border succession and wills, despite UK opposition.

Wills

Bradford & Bingley shareholdings of 1,000 or less may be included in the IHT account at a nil value.

Non-resident trustees

Non-resident trustees - Capital Gains Tax rebasing election.

Inheritance tax

The House of Lords has approached the Treasury to request new legislation to protect siblings living together for many years in light of the European Courts of Justice decision in the case of Burden & Anr v UK.

Inheritance tax changes

Changes to the trust regime were announced in the Finance Act 2006 and took effect from 6 April 2008.

Clore (Deceased) (No. 2), Official Solicitor v Clore and Others

Domicile. Whether a foreign domicile of choice had been acquired on leaving the UK to reside overseas.

Weston (Weston's Executor) v CIR

Business property relief; eligibility of serviced residential accommodation for BPR.