Policy News Journal - 2014-15

The new Agreement replaces the 1981 UK/Yugoslavia Double Taxation Convention which both countries are currently honouring.

You can also read the changes announced in 2014 to UK Double Taxation Treaties .

Non-UK domiciled individuals: consultation on a minimum claim period for the remittance basis charge

30 January 2015

This consultation seeks to better understand the reasons why individuals choose not to pay the remittance basis charge each year and why this can change from year to year.

It seeks views on how a minimum claim period for the charge might apply but also any alternatives that would also meet the government’s objectives. Views are invited from a wide range of respondents, including individuals, advisers, and representative and professional bodies.

The government is not seeking views on the increased remittance basis charges announced at Autumn Statement 2014

This consultation closes on 16 April 2015. Any written representations should be sent to nondomiciletaxation@hmtreasury.gsi.gov.uk .

UK Double Taxation Treaties

6 March 2015

HMRC has published an update which details changes to Taxation Treaties since date of signing, including when they come into force.

 Algeria: Double Taxation Convention signed in Algiers on 18 February 2015  Monaco: Tax Information Exchange Agreement signed in London on 22 October 2014 and Monaco on 23 December 2014  Croatia: Double Taxation Agreement signed in Zagreb on 15 January 2015

Use this guide to keep up to date with changes to HMRC treaty negotiating priorities and changes to UK Taxation Treaties with other countries that were announced in 2015.

You can also read the changes announced in 2014 to UK Double Taxation Treaties .

Finance Bill

Finance Bill 2014 brings in new tax changes

1 April 2014

The government has published Finance Bill 2014 , legislation implementing tax changes announced during the last year.

The bill contains measures which demonstrate government’s commitment to a tax system that delivers its long-term economic plan by helping hardworking households, supporting growth and clamping down on tax avoidance and evasion, including:

CIPP Policy News Journal

08/04/2015, Page 258 of 521

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