Personal tax

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 / NICs threshold increases by £104 from April

Changes to national insurance contributions (NICs) will see the threshold rise by 10% in the new tax year with a maximum tax cut of £104

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 / Q&A: penalties for late self assessment tax returns

In our regular Q&A series, Croner Taxwise tax advise consultant Roger Bradbury, explains HMRC’s position when a taxpayer misses the self assessment deadline and therefore falls foul of a late return penalty

Tax / Jersey to drop husbands’ consent over wives’ tax

Next week will see Jersey’s States Assembly debate changes to the archaic law on married women’s taxation, with a view to ending the current arrangement whereby wives need their husband’s consent to file their own tax return

Tax / Over three million still to submit tax returns

More than three million taxpayers are yet to send in their 2018-19 tax returns and have just one week left to the 31 January deadline, HMRC warns

Tax / Off-payroll working rules: IR35 and mutuality of obligation – part 5

From April 2020, off-payroll working rules will be extended to the private sector. Caroline Harwood, partner and head of employment tax at Crowe UK, explains how mutuality of obligation could be a decisive factor when determining employment status

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 / Time to pay arrangements for individual taxpayers clarified

HMRC has issued guidance for individual taxpayers on how to settle a tax debt using a negotiated time to pay arrangement

Tax / HMRC opens 300,762 self assessment investigations

Taxpayers who have yet to file before the January 31 deadline are being warned to make sure their information is accurate, despite the tight deadline, as HMRC opened over 300,000 investigations into self assessment tax returns in the last year

Tax / Government waters down loan charge rules

The government has backed down on original time frame for loan charge compliance giving taxpayers who signed up to schemes approved by HMRC before 2015 greater leniency and offering five-year time to pay arrangements

Tax / Q&A: nil rate band and inheritance tax

In our regular Q&A series from Croner Taxwise, tax advice consultant, Kiya Jacobs explains how the nil rate band works under inheritance tax rules when children inherit the main residence

Tax / HMRC enquiries: do not assume all requests are justified

During a tax investigation, HMRC will make requests for information, but it must do so within a set timeframe and be justified, fair and reasonable. Withers tax director Jeff Millington explains the rights of taxpayers, discovery powers and time limits

Tax / Shih Tzu ‘guard dog’ goes hungry after failed expense claim

Every year, HMRC receives imaginative excuses and expense claims following the 31 January self assessment deadline from out of control guard dogs to a DJ too busy to fill in his form