New tax year measures

Significant measures introduced from 6 April 2019 include:

• commencement of making tax digital for VAT;
• non-resident CGT extended to include commercial UK property and entities that derive their value from UK land;
• introduction of payments on account for CGT in respect of disposals by non-UK residents;
• gains on disposal of UK property by corporate non-resident landlords brought into the scope of corporation tax;
• qualifying holding period for entrepreneurs’ relief extended to 2 years;
• introduction of 6-year exit charge payments plans for qualifying CGT charges;
• disguised remuneration loan charge comes into effect;
• NICs treatment of termination payments brought into line with the income tax treatment; and