HMRC IHT & Trusts Newsletter – December 2007
Thursday, 20th December 2007
HMRC have published the second issue of their joint IHT & Trusts Newsletter. It deals with the following topics:
Paying a fairer share: a consultation on residence and domicile
Thursday, 6th December 2007
In the Pre-Budget Report the Government announced a package of reforms of the residence and domicile personal tax rules. On 6 December 2007 it published a consultation document containing further detail on these changes, and has invited views on their implementation. It is also consulting on whether any further changes should be considered. The consultation will run until 28 February 2007. Read more
Money Laundering Regulations 2007 Registration
Saturday, 10th November 2007
HMRC have issued draft guidance for registration from 15th December 2007, when the Money Laundering Regulations 2007 (MLRs 2007) come into force. The purpose of the notice, which can be found here, is to help people find out Read more
Trustees and the Charities Act 2006
Wednesday, 7th November 2007
By Leigh Sagar
Introduction
The Charities Act 2006 (“the 2006 Act”) became law on 8th November 2006. The draft Charities Bill was first introduced by the Government on May 27th 2004. Following that, it was scrutinised by a Joint Committee of the Commons and the Lords. Their report was published on 30th September 2004. Read more
