Employment Tax

Technical
1 October 2016

The government proposes changes to the IR35 rules for public sector workers. The ATT and CIOT have responded, raising concerns about the burdens the proposed policy would place on engagers, workers and the latter’s PSCs.

Technical
1 September 2016

The government has proposed stopping employers and employees entering into joint NIC elections to transfer secondary class 1 contributions to employees that arise on a gain from exercising particular employment-related securities options. Difficulties with digitalising the process was cited as one reason to withdraw the elections. The CIOT noted fundamental legal and accounting differences between elections and NIC agreements, and recommended keeping the elections. We also suggested a simplified process if digitalisation was a problem.

Technical
1 August 2016

LITRG has said that annuitants selling their income stream from April 2017 will need clear tax information, and warns that those with low-value amounts should not be forced to take advice.

Technical
1 August 2016

The way the government offers guidance on financial matters such as pensions and debt is changing. Tax is an often-neglected consideration and the new pensions and general money guidance bodies must address this.

Technical
1 July 2016

Following on from May’s round-up we report on three further regular meetings our volunteers have attended on behalf of the CIOT.

Technical
1 July 2016

The decision in Apollo Fuels will be reversed by FB 2016 cl 7, which states that provisions for computing accommodation, cars and loan benefits-in-kind ‘trump’ paying full market value.

Technical
1 June 2016

Apprenticeship levy of 0.5% to be introduced from April 2017 on pay bills over £3m to be amended to permit connected companies to split the £15,000 allowance between them.

Technical

HMRC launched its post-implementation review of RTI in April and approached stakeholders for their input on a number of points, including what HMRC had done well, what it could have done better and the actions that still need to be taken. The ATT and LITRG provided detailed responses, both of which are summarised below.

Technical
1 May 2016

A round-up of recent events in Scotland

Technical
1 May 2016

CIOT reports on the recent forum meetings with HMRC