Employment tax

Tax / Termination payments – changes to NICs from 6 April 2020

The twice-delayed changes to national insurance contributions (NICs) on termination payments are finally scheduled to come into effect in April. Martin Jackson ATT, head of employment taxes at Croner-i, explains

Tax / 300+ protest IR35 outside parliament

Hundreds of campaigners demonstrated outside parliament earlier today to protest the off-payroll working rules which will increase tax for private sector contractors from April

Tax / Naming and shaming rules for NMW breaches overhauled

The threshold for being named and shamed for flouting national minimum wage (NMW) rules has been raised to £500, while salary sacrifice schemes will no longer be taken into account

Tax / Consultation on plans for 10 freeports

The government is consulting on plans to create up to 10 freeports across the UK, with tariff flexibility, customs facilitations and tax measures designed to encourage global trade and attract inward investment post-Brexit

Tax / IR35 rules for private sector will not be retrospective

IR35 contractors mid-way through a contract when the off-payroll working rules for the private sector come into force in April will only go on payroll from the new 2020-21 tax year, reports Sara White

Tax / Lords committee to investigate IR35 rule change

The House of Lords Finance Bill Sub-Committee has launched an inquiry into government plans to introduce off-payroll working rules for the private sector, with concerns about whether the impact has been fully assessed

Tax / IR35 activists plan demo outside parliament

Anti IR35 campaign group, Stop the Off-Payroll Tax, is planning a demonstration in Westminster later this month to lobby MPs to stop IR35 reform plans

Tax / Employment allowance NIC break targets small business

From April, changes to the employment allowance will become de minimis state aid and HMRC has made the reporting rquirements less painful to encourage smaller businesses to use the tax break to reduce their NICs' bill

Tax / Tax filing deadlines: Feb - Jun 2020

The key HMRC filing deadlines including payment of outstanding income and capital gains tax for 2018/19 personal tax returns and corporation tax fourth quarterly instalment payment

Tax / Time to pay tax arrangements go online

HMRC has modernised time to pay arrangements for taxpayers who are unable to pay their bills allowing them to renegotiate everything online rather than talking to HMRC

Tax / Recruitment bosses call for delay to IR35 for private sector

A group of industry leaders have written to the Chancellor criticising the IR35 rule changes to off-payroll working for the private sector and calling for a one-year delay to introduction

Tax / IR35 draft legislation out for consultation

HMRC has published draft secondary legislation with a four-week window for feedback from stakeholders despite being mid-way through a government review of the rules

Tax / VAT treatment of recharged salary costs

Employee salary costs can be liable for VAT when recharged between subsidiaries and related companies. Sarah Kay examines potential pitfalls for employers from risks for group payroll functions to distinctions of supply of staff or supply of services 

Tax / HMRC crackdown on footballers using tax schemes

Miles Dean, head of international tax at Andersen Tax, examines whether it was foreseeable that HMRC and the courts would end up not only attacking tax avoidance schemes (and winning), but also shutting down an industry that had gone out of control?

Tax / Q&A: directors’ loans and tax liability

In our regular Q&A series from Croner Taxwise, Alexander McCarthy explores how to minimise interest on a benefit loan charge