The Queen’s Speech on 8 May confirmed that the government will introduce a National Insurance Contributions Bill to provide for a £2,000 “employment allowance” from April 2014, extend the general anti-abuse rule to NICs, prevent the use of offshore employment payroll intermediaries to avoid emplo
SI 2013/1126
More than a million employer PAYE schemes have started to report PAYE in real time, HMRC announced on 2 May.
HMRC has reminded employers that the 2012/13 employer annual return is due by 19 May. “Send it as soon as possible to avoid a late filing penalty and make sure you have filed it online or you may face a further penalty,” HMRC said.
Bill Cohen reviews changes to the ‘rights for shares’ rules.
The rules have tightened with effect from 20 March. Paula Tallon and Paul Howard explain why the new provisions may force companies to consider the true nature of transactions with their shareholders.
HMRC has updated its guidance at PAYE82000 – “International employments, EP appendix 4: criteria for short term business visitors” – to reflect changes to the criteria.
Revenue & Customs Brief 09/13 sets out the VAT implications of regulatory changes governing remuneration of employee benefit consultants and others providing services to employers in connection with contract-based pensions.
Philip Fisher warns of potential challenges from HMRC to long accepted tax planning techniques involving dividends, following the decision by PA Holdings to withdraw its appeal to the Court of Appeal judgment.
HMRC has updated two toolkits for employers, dealing with filing end of year returns for 2012/13 and record-keeping for 2013/14: