ICAEW Tax Rep 93/18: Short term business visitors from overseas branches

Released 7 August 2018

The Institute of Chartered Accountants in England and Wales (ICAEW) has published its response to HMRC’s consultation on Short Term Business Visitor (STBV) PAYE rules.

The Tax and Administrative Treatment of Short Term Business Visitors from Overseas Branches consultation published by HMRC on 14 May 2018 requested views on how to improve the tax and administrative treatment of STBVs from overseas branches of UK companies. Proposals included introducing a new tax exemption for STBVs from overseas branches and extending the PAYE special arrangement UK workday rule for STBVs. The ICAEW welcomes both proposals. The ICAEW also recommends extending the 14 days after the end of the tax year filing deadline for submission of year-end real time information reporting for the PAYE special arrangement, preferably to coincide with the PAYE settlement agreement deadline of 1 October with payment of tax on 19/22 October.

View Tax Rep 93/18.

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