Philip Fisher examines a recent tribunal victory for HMRC concerning dividend waivers that could have wider implications
A report published by PwC and The 100 Group, Total tax contribution and the wider economic impact, reveals that the overall tax contribution of The 100 Group companies rose in 2013, despite a decline in profits earned in the UK by these businesses, with total tax contributed up from £77.
David Whiscombe examines Boyle, a First-tier Tribunal decision on a contractor loan scheme of the kind currently being challenged by HMRC
The Social Security (Crediting and Treatment of Contributions, and National Insurance Numbers) (Amendment) Regulations, SI 2013/3165, amend SI 2001/769 and provide that class 2 NIC collected through a PAYE tax code are to be treated, for the purpose of calculating entitlement to state benefits, a
The draft Finance Bill 2014 contains more than 100 pages on employee share schemes. David Cohen looks at some of the key clauses and proposals.
The final Commons stages of the National Insurance Contributions (NIC) Bill took place on 10 December 2013. The government has tabled some amendments to implement announcements made in the Autumn Statement 2013, including:
…Hungary & Liechtenstein; personal service companies; Wales; toolkit survey; HMRC protocol; entertainers
HMRC’s original proposals for offshore employment intermediaries were shelved following consultation. Tracey Wright considers the impact of the department’s revised proposals.
From April 2014, the NIC employment allowance will come into force for UK businesses and charities, where NICs will be cut by up to £2,000.
Teresa Payne and Philip Fisher examine common misconceptions and clarify the income tax and NIC issues around non-executive directors.