Employment tax

Tax / The Christa Ackroyd case and the IR35 lottery

Peter Rayney FCA CTA thinks BBC presenter Christa Ackroyd had rough justice in her recent IR35 case, Christa Ackroyd Media Limited v HMRC [2018] TC06334], over disputed income tax and NIC liabilities through her personal services company

Tax / How to report expenses and benefits in kind

As the final quarter before the 6 July deadline for reporting expenses and benefits in kind for the tax year ending 5 April 2018 starts, HMRC has issued bulletin 71 setting out the key compliance requirements for employers in a bid to force all users to move online

Tax / ATT warns employers to review value of salary sacrifice schemes

Transitional protections from tax which had applied to benefits provided under optional remuneration arrangements (OpRA), such as salary sacrifice schemes, have now ended following the introduction on the 2018/19 tax year, with the ATT warning employers to consider if they need to recalculate the value of benefits for tax purposes

Tax / Top ten tips: 2018/19 tax year reliefs

The new tax year only began on 6 April, but individuals should start planning for it now to ensure they do not miss out on valuable allowances that could save them thousands on allowances and tax reliefs

Tax / Rule change on taxation of termination payments now operational

New rules regarding the taxation of termination payments have come into effect, with HMRC reminding employers they need to pay income tax and Class 1 National Insurance contributions (NICs) on an element of all termination payments from 6 April whether or not they are contractual payments

Tax / Benefits in kind reporting revised from 6 April

HMRC is reminding employers that they now need to provide details for all benefits in kind (BiKs) now that new rules for optional remuneration arrangements (OpRAs) have come into effect

Tax / New tax year brings additional complexity

Sharp increases in auto enrolment pension payments, new Scottish income tax rates and bands and increasing complexity over higher rate taxpayer child benefit payments are some of the changes coming into force today, at the start of the 2018/19 tax year

Tax / HMRC targets employers of apprentices for NICs relief research

HMRC has teamed up with Kantar Public to carry out research on employer National Insurance contribution (NIC) relief for employees under 21 and apprentices under 25, with those chosen having to contact HMRC if they do not wish to take part

Tax / Employment tax updates: April 2018

Jackie Hall ACA CTA, partner at RSM on the complications employers face when classifying employees as either salaried time-workers or unmeasured workers, trust registration penalties in force for employers

Tax / BBC to review presenters' PSC claims

BBC presenters have told MPs they felt ‘forced’ to set up personal service companies (PSCs) when offered regular work by the broadcaster, which has said it plans to set up a dispute resolution process to investigate whether it should pay employers National Insurance Contributions (NICs) on such arrangements

Tax / Khurana: will the Taylor Review change the tax status of employment?

Vaneeta Khurana, head of employment tax at Mazars, examines the government's plans to review employment status in response to the Taylor Review in a bid to address the challenges of the changing world of work, but warns of potential for further complexity over tax rules, particularly for off payroll working

Tax / Spring Statement 2018: self-funded work-related training

Chancellor Philip Hammond announced a consultation on plans to extend the existing tax relief available for self-funded work-related training by employees and the self-employed, as part of the government’s focus on creating an environment for individuals to develop their skills to boost productivity in the UK

Tax / HMRC updates employee travel guide on tax and expenses

HMRC has published the 2018 version of guide 490: Employee travel, explaining income tax and national insurance contributions (NICs) liabilities for business expenses

Tax / BBC presenters broadcast tax concerns over PSCs

The BBC has become embroiled in a dispute with over 170 of its presenters regarding their tax arrangements and the use of personal service companies (PSCs)

Tax / Q&A: dealing with negative taxable earnings

Croner Taxwise tax adviser Faz Zaheer examines the tax liability for a taxpayer dealing with negative earnings in a single tax year