HMRC has published the latest list of registered Community Amateur Sports Clubs. The list is available here.
CASC staus takes a bit of effort to achieve. That said, the benefit can be thousands of pounds per year and is worth looking into.
The Law Society has arranged for a temporary relaxation of the 14 day limit on the period specified in the “classic” Letter of Obligation. The time limit will be raised to 21 days for all transactions which settle during the period from Friday 24 June to Friday 1 July inclusive.
The relaxation is necessary as a result of changes being made to HMRC’s computer system which mean that the system will not accept SDLT returns submitted online or by paper from Saturday 25 June (at 00:01) until Monday 4 July (at 00:01).
The Law Society’s press release is available here
On the 1st of April 2011 HM Revenue & Customs Solicitor’s Office (Scotland) merged with the Office of the Solicitor to the Advocate General for Scotland. A positive example of how the number of tax, legal and registration services in Scotland can be consolidated. Hopefully there will be further movement in the relatively near future on the merger of the Edinburgh Stamp Office, Registers of Scotland and Companies House Edinburgh.
HMRC has formed specialist teams to investigate particular industry sectors. The first squad is to target restaurateurs.
The relief which was announced in the 2011 Budget applies to transactions involving the acquisition of more than one dwelling.
The draft guidance note is available from HMRC’s website here.
Some draft worked examples demonstrating the operation of the relief are available here.
Over the next few months HM Revenue & Customs is to rewrite all of its guidance for charities.
In the case HMRC v Parissis, the First-tier Tax Tribunal held that a tax inspector can require an individual to hand over a document that he does not possess. The taxpayer’s only defence is to prove that the third party who holds the document has refused a request to supply it.
HMRC has published new guidance on mourning costs that can be deducted against IHT
The Upper Tax Tribunal has struck out late filing penalties imposed by HMRC upon a woman who became mentally incapable and homeless after being seriously injured by armed robbers. Although the robbers used her bank cards to steal all her savings, leaving her penniless for two years, an earlier tribunal decision nevertheless ordered her to pay the penalties.
