HMRC is consulting on the proposed secondary market for pension annuities. The changes will remove current tax constraints and provide scope for
The Prime Minister has announced a new taskforce to deal with the “Panama Papers”. It will be jointly led by HMRC and the NCA and draws...
HMRC and Treasury are consulting on changing the scope of the bank levy from a global balance sheet basis to a UK balance sheet basis. The changes
HMRC has published two updates that affect the reporting requirements under the Foreign Account Tax Compliance Act (FATCA). These updates mean that:
IMA has responded to HM Revenue and Customs' consultation on implementing the UK-US FATCA Agreement.
HMRC has produced a letter for the financial services sector setting out what measures and announcements from the Budget Statement are of most interest to it.
The emergency budget announced on 22 June includes specific measures affecting the financial services industry.
HMRC has updated its guidance on the bank payroll tax to confirm how institutions are categorised in certain circumstances.
IMA welcomed the clarifications and extra FAQs HMRC added to its guidance on the bank payroll tax on 24 December.
The Chancellor presented the PBR to Parliament on 9 December.