Employment tax

Tax / Spring Statement 2019: implementation dates effective March 2019 onwards

Our essential snapshot of the key measures announced in Spring Statement 2019, Budget 2018, Spring Statement 2018 and Autumn Budget 2017, including rule changes to EIS funds, structures and buildings allowance, digital services tax, amendments to diverted profits tax, and more

Tax / April payslip changes: are you ready?

Richmal Price, payroll expert at employment law specialist Peninsula, answers five of the most frequently asked questions about payslip changes effective from 6 April 2019

Tax / Spring Statement 2019: visa waiver and e-gate access post Brexit

In a Spring Statement thin on detail and shaped by the lack of progress on Brexit, the Chancellor announced plans to extend e-card immigration rights to citizens from Australia, Singapore and Japan, among others

Tax / PAYE tax codes for 2019-20 confirm £12.5K personal allowance

HMRC has issued the latest PAYE tax codes for tax year 2019-20 effective 6 April highlighting the increase in the tax-free personal allowance to £12,500

Tax / HMRC consults on IR35 extension to private sector

HMRC has opened a 12-week consultation into proposals to extend the IR35 off-payroll working rules to the private sector from April 2020, in a bid to enable individuals and organisations to prepare for the changes, which have attracted considerable controversy since they were announced at Budget 2018

Tax / Employment tax updates: March 2019

In our monthly roundup of employment tax developments, clarification of settlement terms for disguised remuneration liabilities, HMRC advisory fuel rates from 1 March, Scottish budget passed after deal with Green party

Tax / Filing deadlines: Mar - Jul 2019

The key HMRC filing deadlines from February to July 2019 including payment of outstanding income and CGT in respect of personal tax returns for 2017/18 to avoid 5% surcharge, effective start date for mandatory Making Tax Digital for VAT from 1 April with 1 July onwards for initial VAT payments, plus last day of 2018/19 tax year and deadline for various tax claims and elections

Tax / Tips on troncs and tax compliance

The hotel and hospitality industry must manage the fair distribution of tips, gratuities and service charges while considering the tax considerations and liabilities. Andy Turner, audit and business advisory partner at Mercer & Hole considers the tronc system, a potential solution to the tips challenge

Tax / What does 'reasonable excuse' mean to the taxman?

A number of tax tribunal decisions every year revolve around HMRC’s interpretation of reasonable excuse, but it is the Upper Tribunal decisions which are important to watch. Meg Wilson CTA, specialist tax writer at Croner-i Tax and Accounting, examines the options for taxpayers considering an appeal and use of the reasonable excuse defence

Tax / Clarification of settlement terms for disguised remuneration liabilities

HMRC has issued updated guidance to clear up a misunderstanding about the arrangements for settlement of disguised remuneration liabilities for loan charges in relation to inheritance tax (IHT)

Tax / Par for the course: top tax issues for sports stars

For top sporting athletes there are a number of tax compliance issues to keep an eye on, from being on the right tax code, to testimonial payments, image rights and agents’ fees. Elliott Buss, partner and head of sports group, UHY Hacker Young provides useful tips and advice for avoiding a confrontation with the taxman

Tax / Finance Act 2019 comes into force

The Finance Bill 2018-19 received Royal Assent on 12 February 2019 and became Finance Act 2019

Tax / Scottish budget passed after deal with Green party

The Scottish Budget was approved by 67 votes to 58 with Finance Secretary Derek Mackay getting backing from Green MSPs, after he agreed to boost to local government funding and implement an alternative system to council tax

Tax / Employment tax updates: February 2019

In our monthly roundup of employment tax developments HMRC releases P11D guidance to clarify OpRA rules, Treasury to review 2019 loan charge

Tax / Filing deadlines: Feb - Jul 2019

The key HMRC filing deadlines from February to July 2019 including Forms P46(Car) for quarter ended 5 Jan, PAYE cheque payments for month ended 5 Feb and payment of outstanding income and CGT in respect of personal tax returns for 2017/18 to avoid 5% surcharge
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