IHT & Trusts Newsletter - August 2008
Wednesday, 20th August 2008
On 20th August 2008, HMRC published the August edition of the IHT and Trusts Newsletter. It includes articles on the transferable nil rate band, the inheritance tax account, the need to complete an IHT100 for transactions under section 144 of the 1984 Act, Northern Rock shares, a change of email addresses and a change of policy about notification of the newsletter by email.
Finance Act 2008
Tuesday, 22nd July 2008
The Finance Act 2008 has received Royal Assent.
Remittance basis: draft Government amendments
Friday, 30th May 2008
Amendments to the Finance Bill have been published. They modify the provisions in Schedule 7 to Finance Bill 2008 relating to Share Incentive Plans and Save As You Earn option schemes.
FAQ: Residence and domicile - non-resident trusts
Wednesday, 28th May 2008
HMRC provide a series of answers to frequently asked questions about the proposed changes to the residence and domicile tax rules relating to Trusts and alienation.
A statutory residence test?
Tuesday, 27th May 2008
The Liberal Democrats have tabled a statutory residence test, to be inserted into the Finance Bill, for the purposes of income tax and capital gains tax.
More on IR20
Thursday, 15th May 2008
HMRC have made the following announcement in relation to the IR20 pamphlet:
