HMRC has opened its new ‘payrolling benefits-in-kind’ online service to employers for registration. Employers wishing to use the online service in 2016/17 to payroll employee expenses and benefits in place of submitting forms P11D must register by 5 April 2016.
TAXE Committee gives multinationals ‘one more chance’ to turn up, reports Tim Law (Engaged Consulting)
Depreciation of goodwill and freedom of establishment
OECD recommendations hailed as ‘important milestone’, and the challenge now is to ensure measures are implemented consistently and coherently.
On 17 September, a Public Bill Committee agreed amendments to clause 9, increasing the IHT nil-rate band for main residences passed to direct descendants, with amendments clarify the types of trust through which property may be treated as inherited, and the definition of ‘closely inherited’.
MPs considered the Finance Bill in a Committee of the whole House on Tuesday 8 September 2015.