News for August, 2016

August 31, 2016

General Scheme of Copyright and Related Rights (Miscellaneous Provisions) Bill 2016

The Government in a recent press release confirmed its approval of the drafting of a General Scheme for Copyright and Related Rights (Miscellaneous Provisions) Bill 2016.  

August 19, 2016

Capital Allowances

The 2016/17 edition of Capital Allowances: Transactions and Planning is now live for subscribers to UK Tax Online.

August 16, 2016

Irish Conveyancing Precedents

Issue 65 of Irish Conveyancing Precedents is now live for subscribers to the Irish Property Law service.

August 2, 2016

No prompting?

A taxpayer’s behaviour is an important factor in determining the level of a penalty charge by HMRC in respect of a tax return error (under FA 2007, Sch 24, para 1). It is important to bear in mind that no penalty can be charged if the error has arisen despite reasonable care having been taken. However, HMRC will often explore the possibility that the error was ‘careless’ or ‘deliberate’, with a view to seeking a penalty.

August 1, 2016

Current tax consultations as at 1 August 2016

Open and recently closed tax consultations are summarised by Julian Harris.

August 1, 2016

One Month in a Minute: July 2016

Lee Sharpe summarizes recent developments in UK tax.