Personal tax

Tax / UK high earners stung for more tax than European counterparts

The UK has lost the top spot as one of Europe’s low-tax jurisdictions, with top earners now paying 3% more tax than the European average

Tax / Self assessment records used to recover £818m in unpaid council tax

HMRC has released details of data sharing arrangements with local authorities where it is trialling self assessment and tax data exchange to clamp down on council tax debt

Tax / Flexible NHS pension scheme consultation opens

The government has launched its promised consultation on proposals to give senior NHS doctors and nurses access to more flexible pensions, in a bid to stem the numbers of clinicians reducing their working hours or resigning because of increases in their tax bills

Tax / Ex NAO chief to lead independent review of loan charge

The former head of the National Audit Office (NAO), Sir Amyas Morse, will head up the independent review into the controversial loan charge, which has seen HMRC pitted against taxpayers who used disguised remuneration schemes over the last decade, and is set to report by mid November

Tax / Finance Bill 2019–20: draft legislation at a glance

With all consultations relating to Finance Bill 2019-20 now closed for comment, Sarah Arnold, tax writer at Croner-i, gives a rundown of the key tax changes proposed and how they will affect UK businesses and individual taxpayers when enacted after the Budget this autumn 

Tax / CGT overhaul ‘to raise £90bn’

Bringing taxation on assets in line with the regime for income tax could raise £90bn over five years, according to a report from the Institute for Public Policy Research (IPPR) which is calling for the removal of the capital gains tax (CGT) regime

Tax / Will inheritance tax ever be simplified?

Nimesh Patel, senior tax manager at Grunberg & Co, looks at recent proposals from the Office of Tax Simplification to see whether inheritance tax (IHT) really is set to become less complex and why there would be winners and losers from any reform plan to tax and estate planning

Tax / Devolved air passenger duty for Wales rejected

The government has rejected proposals to devolve responsibility over air passenger duty (APD) to Wales, unlike in Scotland and Northern Ireland, citing concerns about the possible impact on competition

Tax / Medics call for cake tax

Doctors are calling for the government to introduce a tax on sugary snacks, after research showed this may be more effective at reducing obesity levels than the current levy on sugary drinks

Tax / Calls to suspend loan charge following PM’s revelation of a ‘thorough review’

Amid heated exchanges during Prime Minister’s Questions, Boris Johnson confirms review as MPs demand all loan charge settlements must be suspended until the results are known

Tax / OECD slams slowing tax reform progress

The pace of tax reforms has slowed across most leading economies and bolder tax reforms will be needed to address future challenges, according to a new OECD report

Tax / Taxpayers struggling to pay want ‘simplicity, flexibility and accessibility’

Research reveals taxpayers who are facing difficulties with their tax bills have little or no awareness of help options, but believe HMRC should do more to promote available support and make more use of YouTube

Tax / Q&A: annual allowance charge on pensions

In our regular Q&A series, Croner Taxwise tax advisor Alexandra Fielding considers the tax implications for high earners of exceeding the annual allowance limit of £10,000 on pension contributions

Tax / Tax updates: September 2019

In this month’s roundup of tax case, Ingenious film scheme ruled tax avoidance at appeal, worker cannot claim tax relief on contractor travel expenses in Nowak, Hargreaves Lansdown loses £15m loyalty bonus tax case, Making Tax Digital confirmation notices and IR35 private sector off-payroll working guidance issued

Tax / Understanding the IR35 off-payroll liability chain

As the private sector prepares for the new IR35 rules next year, cracks are beginning to show but clear communication and a real understanding of employment law will help companies avoid expensive errors, explains Ranjit Dhindsa, employment partner at Fisherfield
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