Is it better to incentivise private company employees with shares or EMI options? Paula Tallon and Adam Bradley set out the tax considerations and comment on some of the legal and practical issues.
The Chief Executive Officer of the Student Loans Company at the centre of controversy over his tax arrangements was advised to account for tax and national insurance contributions under special rules introduced to counter tax avoidance via personal service companies.
HMRC published draft amendments and a draft explanatory note on ‘Seed enterprise investment scheme: re-investment relief’.
HMRC has put its business records checks programme on hold until a ‘revamped’ approach is launched ‘early in the 2012/13 financial year’.
‘Barclays has been warned that its reputation is being "tarnished" by the persistent use of "complicated financial structures" to boost profits.