Duidance on domicile
Posted on 22 Mar 2013
HMRC have published RDR1, a guidance note for UK residents and non-residents on the residence, domicile and remittance basis rules for tax years 2012-13 onwards. It replaces the booklet HMRC6 according to Harris & Co chartered accountants Northampton, the specialist small business accountant.
The guidance note reflects the introduction of the legislative changes to the remittance basis that came into effect for tax year 2012-13 and the introduction of the statutory residence test for tax years 2013-14 onwards. It also gives information on the remittance basis of taxation from 6 April 2013, but does not yet incorporate remittance basis changes from 2012, which are covered in other specified HMRC guidance notes. An updated RDR1 guide will be published later in the year to incorporate the latter.
More details are available from HMRC.
View more blog posts
Posted on 21 Mar 2013
End of road in Pawson holiday lets relief case
Long-running Pawson case, which centred on tax relief on furnished holiday lets (FHL), has finally come to a conclusio
Continue reading
Posted on 21 Mar 2013
Draft guidance on R&D relief for corporation tax
HMRC publish draft guidance on the Research & Development Expenditure Credit scheme
Continue reading
Posted on 21 Mar 2013
Guidance on the limits on income tax reliefs
HMRC publish guidance on the limits on Income Tax reliefs enacted in the Finance Act 2013
Continue reading
Posted on 19 Mar 2013
LITRG says poorest to be hit by HMRC NI pla
Low Incomes Tax Reform Group warns self-employed low income workers will be hit by NI pla
Continue reading