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ARTICLE · 09 MAY 2017

Weekly Tax Update - 8 May 2017

In this week's tax update: Inheritance tax online calculator, Commons committee report on ‘gig economy' employment status, proposed income tax exemption for UEFA Champions League cup...

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

Read this week's Tax update

1. General

  • Finance Act 2017
  • Criminal Finances Act 2017

2. Private client

  • Proposed income tax exemption for UEFA Champions League cup final
  • HMRC provision of pay and tax details
  • FTT considers 'Excalibur' scheme used to generate capital loss
  • Commons committee report on 'gig economy' employment status

3. Trust, estates and IHT

  • Trusts register
  • Inheritance Tax: Online calculator for residential nil-rate band
  • Trusts and taxation of index-linked loans

4. PAYE and employment

  • Changes to PAYE system
  • Contributions of assets to registered pension schemes

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