Recent changes to the Saving and Investment Manual
Below are details of the amendments that were published on 11 December 2009 (see the update index for all updates).
Section |
Title and details of update |
SAIM Manual Contents |
The paragraph about the new tribunals service has been removed as the manual has been updated to reflect the changes. |
SAIM1112 |
Amendment of example of tax on savings and investment income for 2008-09 |
SAIM2100 to SAIM2130 |
New sections on the tax treatment of the interest element of compensation from the Financial Services Compensation Scheme. |
SAIM2180 |
Solicitors’ client accounts. This section is unchanged but has moved from SAIM2100 to allow for the insertion of the sections on the Financial Services Compensation Scheme. |
SAIM4380 to SAIM4400 |
New sections on the application of the remittance basis to the Accrued Income Scheme. |
SAIM10100 to SAIM10130 |
New sections explaining ITA07/S384A which denies interest relief where there are arrangements minimising risk to borrower. |
SAIM11000 to SAIM11040 |
New sections outlining the application of the transfers of income streams legislation introduced in FA09 to non-corporate transferors. |
