Other news in brief | KPMG | QA

Other news in brief

Other news in brief

A round up of other news this week.


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Final regulations to allow HMRC to secure payment of tax and tax credit debts directly from debtors’ bank and building society accounts have been published. Draft regulations setting out the parameters in which banks and building societies may opt to pass on an administrative charge to debtors for processing a Direct Recovery of Debt ‘hold’ notice have also been published by HMRC. 

The Government has announced the appointment of Angela Knight CBE as the new Chair of the Office of Tax Simplification. 

November’s retail sales were slow and distorted by Black Friday, according to the British Retail Consortium (BRC) and KPMG in the UK Retail Sales Monitor.

KPMG in the UK’s Fiduciary Management Market Survey 2015 provides an annual snapshot of the Fiduciary Management (FM) market, based on the responses received from 13 of the more established fiduciary managers operating in the UK market. 

And finally… Weekly Tax Matters is changing. Over the next few weeks you’ll see some changes to the way our Tax insight is presented. These changes will improve the way that you can view our content and allow you to go straight to the articles most relevant to you.


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