The Social Security (Contributions) (Limits and Thresholds) (Amendment) Regulations, SI 2012/804, specify for 2012/13 the levels of the lower and upper earnings limits and the primary and secondary thresholds for Class
The Postal Services Act 2011 (Taxation) Regulations, SI 2012/764, are intended to provide a ‘tax neutral’ outcome on the transfer of pension rights from the Royal Mail Pen
HMRC has updated the following toolkits for the 2011/12 tax return:
The recommendations of the Office of Tax Simplification (OTS) for changes to tax-advantaged employee share schemes, to the extent they are implemented by the government, should make life easier for scheme companies and more incentivising for their employees.
The Social Security (Contributions) (Amendment) Regulations, SI 2012/573, amend the principal NIC regulations for earners who hold two or more employments, to reflect recent changes to NIC rates.
HMRC has published a revised table of advisory fuel rates to be used by employers reimbursing employees for business travel in their company cars.
Tom Cartwright reviews the decision of the First-Tier Tribunal in Reed Employment, which casts considerable light on salary sacrifice arrangements.
Tom Richards considers whether recent changes in UK personal tax law made the UK a significantly less attractive location for senior executives relocating from overseas.
Jonathan Peacock QC considers the policy behind the taxation of foreign-based sportspeople, and asks whether the ‘special deals’ for ‘special events’ should cause a wholesale rethink of how the UK positions itself in the worlds of sport and the arts.