Employment tax

Tax / HMRC releases P11D guidance to clarify OpRA rules

HMRC has issued basic guidance on how to complete 2017-18 forms P11D returns for PAYE internet submissions, expenses and benefits, and stressed compliance with 2017 rule change to salary sacrifice arrangements

Tax / Q&A: foreign employment income and tax returns

In our regular Q&A series, Croner Taxwise tax adviser Amaira Badat explains how to declare foreign employment income on self assessment tax returns if an individual has worked outside the UK for several months

Tax / Worker rights and employment status under Good Work Plan

Government plans to separate the frameworks for determining employment status for tax and employment rights purposes following the Taylor Review of Modern Working Practices could overhaul the position of the self employed. David Williams-Richardson, tax partner at RSM, examines the Good Work Plan proposals

Tax / Premier League football delivers £3.3bn in tax

HMRC is scoring big when it comes to football finance, with a £3.3bn total tax take from the Premier League in the 2016/17 season, up by 50% from 2013/14

Tax / MTD: examples from around the world

There are just over 70 days until Making Tax Digital (MTD) goes live in the UK. James Bunney looks at several other countries where digital reporting has been introduced in recent years

Tax / HMRC issues updated ADR guidance

HMRC has updated its guidance on the use of the Alternative Dispute Resolution (ADR) service, providing taxpayers with improved information over when and in what circumstances the service can be used

Tax / Are you paying national minimum wage correctly?

Miscalculation of national minimum wage and national living wage payments can have consequences for a business as well as an individual. To ensure you get it right, tax specialist John Davison examines the basis for calculations and potential pitfalls

Tax / Treasury to review 2019 loan charge

The Treasury has been forced to agree to review its controversial 2019 loan charge proposals, which are designed to tackle disguised remuneration, by the end of March after a cross-party group of MPs were successful in pushing through an amendment to the Finance Bill

Tax / MPs reject sweeping Treasury Brexit powers

The government’s no-deal Brexit preparations suffered a blow as a clause in Finance Bill 2018-19 (FB 2018-19) giving the Treasury broad powers in the event of a no-deal Brexit was narrowly defeated by rebels and opposition members

Tax / Loan charge settlements: what you need to know

The deadline for settling loan charges with HMRC is 5 April 2019. Meredith McCammond CTA, technical officer at LITRG, answers questions workers who have previously been enrolled in loan schemes may have

Tax / Millennials pick up income tax burden from elderly

Research by Moore Stephens shows that the tax burden on the older generation has fallen by 4% in the past year, with millennials paying an extra £5bn compared to the same period in the previous year

Tax / Reforming wealth tax will raise revenue

An ageing population and rising public service costs are putting a strain on the Treasury’s coffers. Torsten Bell and Adam Corlett of the Resolution Foundation argue that the Chancellor could generate £7bn a year by 2022-23 with adjustments to five wealth taxes and subsidies

Tax / Employment tax updates: January 2019

In our monthly roundup of employment tax developments, Jackie Hall, partner at RSM discusses the impact of entrepreneur’s relief on employee share schemes and the uncertainty caused by the lack of a timeframe for the government’s Good Work plan

Tax / Uber loses landmark employment rights appeal

The upholding of an earlier judgment by the Court of Appeal means that two former Uber drivers should have been treated as permanent staff and were entitled to receive the national minimum wage and holiday pay, with significant implications for the gig economy

Tax / What will IR35 mean for the private sector?

The extension of IR35 rules to private companies from April 2020 will shift responsibility from contractors and their personal service companies (PSCs) to the hirers. Andrew Brookes, head of employer solutions at Menzies LLP, explains the tax implications