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9am Lowdown: HMRC publishes ISA transfer notes

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28th Jan 2015
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This morning's headlines centre on more football figures, HMRC's corporation tax software and a 'death charge'. Read on to find out more. 

HMRC publishes ISA transfer notes

The FT Adviser reports that the Revenue has published a new policy paper setting out that those who wish to use the new exemption from ISA 'death tax' charges will need to use the same firm as the deceased. 

This change favours incumbent providers. In the last autumn statement the Chancellor revealed that ISAs will join pensions in being tax free when passed to a surviving spouse/partner.

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Football clubs globally spent $4.1 on transfers

According to Fifa, this is the first time spending has risen above $4bn and is a 2.1% increase on 2013.

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HMRC CT software glitches

Members have been reporting glitches with HMRC's corporation tax filing software. Have you experienced any difficulty? Comment below or get in touch: [email protected].

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