In Root 2 Ltd [2019] TC 07502, the First Tier Tribunal (FTT) dismissed the appeal against PAYE and NIC determinations raised by HMRC in respect of payments made by the appellant under onerous spread betting contracts which had been novated to the appellant by its employees
An overhaul of IR35 tax rules for contractors in the private sector comes into force from 6 April 2020 when off-payroll working is extended to medium and large businesses, and LLPs. Julie Clift CTA, tax writer at Croner-i, explains how this will affect businesses hiring contract workers, with liability for income tax and PAYE shifting to employers
Julie Clift, tax writer at Croner-i, looks at how the optional remuneration (OpRA) rules apply when an employee decides to take the cash rather than the company car, as well as other changes to salary sacrifice rules
Julie Clift, tax writer at Croner-i, looks at the tax implications when a company reimburses an employee for using their own car on company business, taking into account the latest statutory mileage rates
In the first of a series on company car tax, Julie Clift CTA, tax writer at Croner-i, explains the calculations when assessing company cars as a taxable benefit and defining reason of employment
In part four of a series on childcare tax issues, Julie Clift CTA, specialist tax writer at Croner-i, examines how the government’s 30-hours free childcare scheme works and the various tax compliance issues
In part three of a series on childcare tax issues, Julie Clift CTA, specialist tax writer at Croner-i, examines the tax liability for employees using workplace nurseries
In part two of a series on childcare tax issues, Julie Clift CTA, specialist tax writer at Croner-i, asks whether it’s worth staying in the old childcare voucher scheme or moving to the new tax-free childcare scheme
In part one of a series on childcare tax issues, Julie Clift CTA, specialist tax writer at Croner-i, looks at changes to tax breaks for childcare costs, focusing on compliance and eligibility for the tax-free child care scheme and issues for those still signed up to the legacy childcare voucher scheme
A retrospective overhaul of the tax rules on loan charges from disguised remuneration schemes come into force from the new tax year on 5 April 2019, resulting in potentially huge tax bills for anyone who has not settled early. Julie Clift CTA, tax writer at Croner-i Tax and Accounting, examines the implications for taxpayers with outstanding loans
Julie Clift CTA reviews the key changes to employment tax in the autumn Budget from company car tax changes to plans to widen the reach of IR35 legislation to the private sector and measures to tackle disguised remuneration
The last Autumn Statement signalled a fairly light approach to significant tax changes which will be a welcome respite for tax advisers and businesses. Here our team of expert Wolters Kluwer tax writers run through the tax implications of key measures
