Employment tax

Tax / IT contractor wins £240k IR35 appeal

HMRC has lost its latest legal challenge on the operation of the off-payroll rules, after a First Tier Tribunal (FTT) found in favour of an IT contractor

Tax / HMRC issues early guidance on moving pension holders between payrolls

HMRC has released an alert advising that it plans to update the guidance on paying a company pension or annuity through company payroll, with preliminary details now available

Tax / Off-payroll working rules: is your company or LLP affected – part 1

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

Tax / VAT Q&A: financial intermediaries and VAT exemptions

In our regular Q&A series, Croner Taxwise VAT advisor Priyesh Mistry explains how financial intermediaries can treat supplies as VAT exempt

Tax / BBC presenter Ackroyd loses appeal over £400k tax liability

The Upper Tribunal has rejected an appeal by TV presenter Christa Ackroyd over her tax status at the BBC, stating that she must pay NICs and income tax on her earnings, as she was an employee not a contractor

Tax / Contractors using PSCs at risk over IR35 rule change

Freelance contractors are warning of a potential ‘domino effect’ as some of the UK’s largest companies stop using off-payroll workers in advance of the introduction of new IR35 rules in the private sector next April

Tax / Dodwell: loan charge review requires judgment of Solomon

The Morse review of the loan charge needs to resolve the problem of disguised remuneration loan schemes effectively, particularly for those facing lower tax bills who entered the shemes without grasping the full tax implications, warns Bill Dodwell CTA (Fellow), head of the Office of Tax Simplification

Tax / Chancellor plans £10.50 national living wage

The Chancellor has announced plans to increase the national living wage to £10.50 within five years and will reduce the age eligibility for the higher rate

Tax / Homeworkers: are your expenses being reimbursed correctly?

For the growing number of employers with homeworkers, it is important to ensure that expenses paid for the likes of home insurance and extra heating costs comply with tax rules to avoid an unwanted HMRC inspection. David Redfern, director of DSR Tax Claims, provides some key pointers

Tax / BBC presenters lose in IR35 ‘chaos’

HMRC has won a First Tier Tribunal (FTT) case concerning the employment status of three BBC presenters who used personal service companies (PSCs), in an IR35 ruling involving over £300,000 in tax which threatens to add to the ‘chaos’ around how the employment rules should be applied

Tax / HMRC warning on double NICs' liability if no-deal Brexit

In the event the UK leaves the EU without an agreement, HMRC has warned that the current agreements to avoid double payment of the equivalent of national insurance contributions (NICs) in member states will be voided, affecting seconded employees

Tax / NZ move highlights cryptocurrency PAYE risks

In a first for a global tax authority, New Zealand has clarified the guidance for companies who pay staff in cryptocurrency and need to complete tax returns. Peter Stewart, associate at Cooke, Young & Keidan assesses the risks and compliance issues

Tax / One in 10 employees do not receive a payslip

Around one in 20 workers report not receiving any holiday entitlement, and almost 10% do not receive a payslip, according to the Resolution Foundation

Tax / Tax filing deadlines: Sep-Dec 2019

The key HMRC filing deadlines from September to December 2019 including corporation tax second quarterly instalment payment for companies with annual taxable profits exceeding £20m, loan charge deadline for reporting to HMRC any disguised remuneration issues, and Making Tax Digital for VAT compliance deadline for deferred entry businesses

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
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