1 General news
1.1 HMRC organisation
Information has been published on HMRC's organisation
structure as at 30 September 2012 and 31 March 2013 including
remuneration information.
www.gov.uk/government/publications/senior-posts-in-hmrcs-organisation-structure
2 Private client
2.1 Collective investment schemes and switches between
funds
Currently a 'switch' of units within the same sub-fund
of a collective investment scheme can be made without triggering a
capital gains tax event if certain conditions apply.
One of the occasions is where an investor switches between
different classes of units in the same sub-fund of an authorised
unit trust umbrella should both the old units and the new units
provide rights to participate in the same separately pooled part of
the scheme property. This is referred to in the HMRC manual at
CG57701 with a cross reference to an article in Tax Bulletin 28,
published in April 1997, which set out the general background
