Coastal Communities Fund
The Coastal Communities Fund (CCF) was established in 2012 with the aim of encouraging the economic development of UK coastal communities by awarding funding to create sustainable economic growth, new jobs and creating new opportunities in local Read more..
The Liechtenstein Disclosure Facility
The Liechtenstein Disclosure Facility (LDF) provides a framework to assist UK taxpayers with investments in Liechtenstein - that have not been taxed - to make a full disclosure to HMRC. The agreement allows penalties on unpaid tax to be capped at 10% Read more..
Diverted Profits Tax
As part of the Autumn Statement measures, the Chancellor announced the introduction of a new Diverted Profits Tax (DPT) to counter the use of aggressive tax planning to avoid paying tax in the UK. The DPT has been coined as the 'google tax' but the Read more..
Non-UK domiciled individuals consultation
A new consultation has been launched jointly by HM Treasury and HMRC. The consultation follows the Government’s announcement during the Autumn Statement on plans to enforce a three-year minimum claim period for the remittance basis charge. Comments Read more..
EC approval for Rural Fuel Duty relief
The European Commission (EC) has approved an extension of the Rural Fuel Duty relief scheme that has cut fuel duty in remote island communities by 5p per litre. The scheme currently applies to the sale of unleaded petrol, diesel, biodiesel, bioblend Read more..