Community Amateur Sports Clubs (CASC) consultation meetings

HMRC are holding a series of meetings to hear views on the proposed changes to the qualifying conditions for Community Amateur Sports Clubs.

More on this can be found here.

The consultation document can be found here.

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Community Amateur Sports Clubs (CASC) consultation

HMRC has published a consultation paper on amending the qualifying conditions for Community Amateur Sports Clubs for comments by 12 August 2013.

More on this can be found here.

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Taking forward a Scottish Land and Buildings Transaction Tax

The Scottish Government consultation can be found here.  The consultation paper seeks views on the Scottish Government’s proposals for a Land and Buildings Transaction Tax for Scotland to replace the current UK Stamp Duty Land Tax from April 2015.

This is important as it is effectively the beginning of a Scottish tax system.  

The consultation is also of a standard that we will now expect.   Previsous papers on corporation tax and excise duty, although not consultations, were simply not good enough.  Lessons clearly have been learned. 

The consultation ends on 30 August 2012. 






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Residence and “non-doms” consultations

The UK Government has finally published two important consultation papers on a “statutory residence test” and the reform of how we tax non-domiciled residents.

The statutory residence test consultation proposes the introduction of a statutory definition of tax residence for individuals and seeks views on the design and implementation of the framework for such a definition and on options to reform the concept of ordinary residence.

The reform of taxation of non-domiciled individuals consultation document seeks views on the detailed policy design of the changes announced in the 2011 UK Budget.

The consultation documents can be found here and here.

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Consultation on new 36% rate of Inheritance Tax

HM Treasury has now published its consultation document on the new 36 per cent rate of inheritance tax where at least one-tenth of an estate is left to charity.

The consultation closes on 31 August.  The legislation is not likely to come into effect until the 2012-13 tax year.

The consultation paper is available here.

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Consultation paper on 10% charity relief

HM Treasury’s consultation paper on the proposed 10 per cent inheritance tax charity relief is to be published on 9 June.

The UK Chancellor’s Budget proposal, which will come into effect in April 2012, will reduce the rate of inheritance tax from 40 per cent to 36 per cent, if at least 10 per cent of a person’s estate is given to charity.

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Succession Law consultation closes 23 May

The Scottish Government is reviewing the current financial limits regarding Prior Rights of a surviving spouse or civil partner on intestacy and Confirmation to small estates.

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