ARTICLE · 15 MARCH 2017

Weekly Tax Update - 13 March 2017

Smith & Williamson

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Welcome to Tax update, which provides a round-up and explanation of the latest tax issues.

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Smith & Williamson

1 General news

Spring Budget 2017
Scheme Sanction charges for unauthorised payments discharged

2 Private client

Offshore funds (tax) amendment regulations
Penalties relating to offshore matters and offshore transfers
Publishing details of deliberate defaulters

3 PAYE and employment

New employment status indicator tool
Construction industry scheme (CIS) penalties set aside

4 VAT

Default surcharges and the allocation of payments
Repayment of VAT and fiscal neutrality
Consultation on administrative co-operation in cases of EU VAT fraud

5 And finally

If you have any questions or feedback, please get in touch with your usual Smith & Williamson contact

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