Less management prescription more outcome focus project
This project is part of Making Environmental Stewardship More Effective (MESME). Its aim is to contribute to the development of an approach for agri-environ
Ensuring the Fair Taxation of Residential Property Transactions
In the 2012 Budget Statement it was announced by the Chancellor that he intended
to introduce new tax charges to counter tax avoidance on the transfer of
high-value residential property.
VAT: Addressing Borderline Anomalies - Approved Alterations to 'Protected Buildings'
In the March 2012 Budget the Government announced the abolition of VAT zero-rating of approved alterations to listed dwellings, from October 2012, suggesting
Energy Red Tape Challenge
The formal scope of the Red Tape Challenge excludes regulations on tax and spend measures and the activities of the independent Economic Regulators - for example the Renewables Obligation (tax and spend) and license conditions for electricity suppliers (Ofgem).
Introduction of a lower rate of Inheritance Tax
The CLA has welcomed the proposal of a lower, 36%, rate of inheritance tax to be
applied to estates where at least 10% of an estate is gifted to charity. The
CLA has suggested that it is important that the proposal be applied where
Variations are made to a deceased's Will.
Jimmy Tse
An ACCA qualified Accountant and Chartered Tax Adviser. Jimmy focuses on helping members with their tax queries and assists in CLA tax policy development.
Louise Speke
Louise has overall responsibility for tax law and policy, including the tax advisory service to members. She originally qualified as solicitor and after leaving private practice spent over 13 years as the Law Society’s Tax Policy Adviser before joining the CLA in July 2013.
She represents the CLA on HMRC’s Capital Tax Liaison Group and their VAT on Land & Property Liaison Group. She is also a member of the Welsh Government Tax Forum.
GN07-17 Non-domestic Rates Post Budget Update (England)
Following the uproar to the large increases in the draft 2017 valuation lists and the concern of many businesses that they were facing increases that were disproportionate the Chancellor announced in his budget three additional reforms on top of those already announced, that he hoped would help the transition:
- Support for small businesses losing Small Business Rate Relief
- English local authorities discretionary relief to support hard-hit businesses
- £1000 business rate discount for public houses
This Guidance Note gives details of these changes, and gives an outline of the Non Domestic Rates systems, reliefs, and appeals.
CLA78 - The taxation of furnished holiday accommodation
Many farmers and landowners let furnished accommodation to holiday visitors. Not only does this create income tax liability on the rental income, it may also have tax implications on areas such as capital gains tax (CGT) and inheritance tax (IHT).
Making Tax Digital
We have responded to the HM Revenue and Customs (HMRC) consultation which that as announced at Autumn Statement 2015, most businesses, self-employed people and landlords will, by 2020, be required to use software or apps ("digital tools") to keep their business records and to provide regular updates of information to HMRC. The consultation also considers how digital record keeping and regular updates should operate. HMRC consider this change to be as big as the change to self-assessment.
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