16 October 2017

Tax Guidance for Build UK Members – October 2017

Members can access the Construction Industry Joint Taxation Committee’s (JTC) monthly tax guidance newsletter as a key benefit of Build UK membership.

Members often register the difficulties they face in complying with changes to taxation rules and regulations, and can now access the JTC newsletter which is publicised monthly on Newsline and includes guidance on challenging issues and direct responses to taxation queries.

The October edition includes:

• HMRC have confirmed that the optional 2-step verification (2SV) becomes mandatory this month for businesses – what you need to know

• Making Tax Digital (MTD) – HMRC has published draft secondary and tertiary legislation and guidance in respect of MTD for business, income tax and VAT

• HMRC have published fuel rate for company car drivers which now apply

The full newsletter can be viewed here. If you have a query relating to items in the newsletter, please contact Liz Bridge.