The government is consulting on a proposal to ensure that ‘controlling persons’ working for an organisation have PAYE income tax and NICs deducted at source.
Annette Morley explains how to handle the tax and NIC issues concerning employee secondments to and from the UK and non-UK resident employees partly employed in the UK.
A new version of HMRC’s Basic PAYE Tools reflects Budget 2012 changes, and provides a number of improvements as well as ‘a few small fixes’.
The Finance Act 2004, Section 180(5) (Modification) Regulations, SI 2012/1258, prevent pension schemes established under Pensions Act 2008 s 67 from becoming liable to income tax charges solely by reason of buying shares in sp
Recent revelations that 2,000 plus civil servants have been engaged via personal service companies has created a major debate over these types of arrangements in government and the private sector.
Attacks on HMRC for making 5.1m ‘errors’ in people’s tax for 2011/12 are unfounded, the CIOT’s Low Incomes Tax Reform Group has warned. HMRC announced last week that around 3m taxpayers were about to receive tax refunds, ‘two months earlier than last year’.
HMRC published the first edition of its Employment-Related Shares & Securities Bulletin on developments relating to employment-related securities including government-sponsored, tax-advantaged employee share schemes.
Five bodies representing freelancers and small businesses on HMRC’s IR35 Forum claim that new guidance on rules to counter tax avoidance via personal service companies ‘fails to take into account key elements in their advice’, according to PCG (formerly the Professional Contractors Group).
HMRC has published a further reminder to employers that annual returns of employees’ tax and NICs for 2011/12 must be sent online to HMRC by 19 May in order to avoid late filing penalties.
David Wilson sets out some key tax issues for advisers to consider this month.