Three per cent of employees make regular donations via payroll giving schemes
HMRC has offered a settlement opportunity for participants in certain tax avoidance schemes. Jonathan Levy examines the detail, and suggests there is a tension between this settlement opportunity and HMRC's overarching litigation and settements strategy.
James Hume and Steve Edge examine the issues to consider before engaging in substantive discussions with HMRC on the settlement opportunity for employee benefit trusts.
Proposals represent a major improvement, says PKF
The ‘court of public opinion’ sets a dangerous precedent, says Baker Tilly tax partner
HMRC worked with members of its Employment Related Securities Forum to design the arrangement
Sir Mervyn King, governor of the Bank of England, had criticised the idea
Draft legislation designed to preserve the effect of ESC A4 and ESC A10
The SRT is an improvement on the current situation but is far from fulfilling the aims of reform, explain Simon and Sharon McKie.
Cost 'is expected to rise towards £1bn beyond [2017/18]', the OBR says