SI 2012/3037
A revised table of advisory fuel rates is to be used with effect from 1 December 2012 by employers reimbursing employees for business travel in their company cars.
Comments invited on three sets of draft regulations
Real time reporting system is ‘going really well’, says HMRC
Sue El Hachmi reviews the impact of the decision in Murray Group Holdings.
Ann Casey examines the CGT position on the sale of shares acquired on the exercise of EMI options
Wendy Walton and Gemma Davies review recent developments in the private client arena, which include the list of HSBC Jersey account details passed to HMRC and the Upper Tribunal decision in Buzzoni on gifts with reservation of benefit
John Messore and Peter Moroz review a decision of the Court of Appeal in which it was held that ‘round sum allowances’ designed to do no more than compensate employees for business travel were not earnings for NIC purposes
Payments to employee for use of car: whether ‘remuneration’
HMRC has updated two of the toolkits in which it provides guidance on areas of error that it frequently sees in tax returns