ARTICLE · 16 APRIL 2013

Weekly Tax Update - Monday 8 April 2013

Smith & Williamson

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A summary of the most recent tax updates.

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Smith & Williamson

1 General news

1.1 HMRC's campaigns interest and penalties calculator

HMRC's campaigns interest and penalties calculator has been updated to include the 2011/12 tax year.

www.hmrc.gov.uk/campaigns/19years-calc.pdf

2 Private client

2.1 Informing HMRC if you are no longer self-employed

There is now an online form for telling HMRC when an individual is no longer self- employed. The form covers self-assessment and national insurance

www.hmrc.gov.uk/dealingwith/changes/close-sell-business.htm

2.2 Submitting form CG34

HMRC has updated its form CG34, for post-transaction valuation checks for capital gains, which contains changes to the address to submit it.

www.hmrc.gov.uk/forms/cg34.pdf

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