Tax voice - September 2017

IHT and the family home

19 September 2017

The new ‘residence nil-rate band’ (RNRB) came into effect for deaths on or after 6 April 2017.

Time to leave?

19 September 2017

Economic and political uncertainty, calls for higher personal tax rates… the list of reasons for wealthy individuals to consider leaving the UK seems to get ever longer.

Companies must prevent criminal facilitation of tax evasion

19 September 2017

The Criminal Finances Act 2017 includes measures that mean, from 30 September, incorporated bodies and partnerships must have procedures in place to prevent criminal facilitation of tax evasion by persons ‘associated with’ them.

Government expected to publish Finance (No 2) Bill in September

19 September 2017

The new government has confirmed that Finance (No 2) Bill 2017 will be published once Parliament returns from the Summer recess on 5 September.

Are SDLT charges hitting the wrong target?

19 September 2017

The intention of introducing a 3 per cent increased stamp duty land tax (SDLT) rate was to ‘try and redress the balance between those who are struggling to buy their first property and those who are able to invest in additional properties’.

More changes afoot for partnership taxation

19 September 2017

As expected, following a consultation at the end of 2016, draft legislation published on 13 September 2017 includes provisions aiming to remove uncertainty and provide clarity on the taxation of partnerships. Here are our thoughts on the main proposed changes, and steps that firms might wish to take.