IR20 to be withdrawn and replaced
Operational changes to residence, domicile and the new remittance basis have been announced by HMRC. The main changes are as follows:
- IR20, the booklet that previously set out HMRC’s standard practices in this area, is out of date and will shortly be fully withdrawn. When this occurs it will be replaced by a new publication containing uptodate guidance;
- The following publications have been withdrawn: R&CB 01/07, TB52, SP/A10, SP3/81, SP2/91, and SP17/91;
- Any practices referred to in the withdrawn guidance will only be valid if included in the new guidance;
- HMRC will no longer accept non domicile claim forms DOM1 or P86;
- Taxpayers claiming the remittance basis who have less than £2,000 of non-UK income or gains will not have to complete self-assessment tax returns if they make remittances in cash of less than £500; and
- Taxpayers who pay the £30,000 remittance basis charge will all be dealt with at HMRC’s Charity Asset and Residence department in Nottingham