Update on the deferral on July payments to January 2021 by Owen Kyffin
The Institute of Tax have provided some further guidance following an HMRC statement.
The Institute of Tax have provided some further guidance following an HMRC statement.
Jonathan Walton and Owen Kyffin of Whitley Stimpson discussed inheritance tax (IHT) now and post COVID-19 via video chat on Wednesday 1 July on the B4 Live platform. A recording of this discussion can be found below.
Recent reports have shown that HMRC’s sophisticated automated information system, Connect, is being used increasingly frequently to identify income and gains that have not been declared for tax purposes, and the amount of information that HMRC can access to check whether an individual or business is evading tax is growing all the time.