HMRC has published draft guidance on the application of regulations to allow individuals aged 60 or over with personal pension pots of £2,000 or less to commute a maximum of two such pots in a lifetime.
Tom Richards review the top five tax developments affecting employment taxes
HMRC has published guidance to help employers improve data quality in readiness for the introduction of Real Time Information. More than 80% of data quality problems are caused by holding incorrect information about an employee's name, date of birth or national insurance number, HMRC said.
Leading tax professionals comment on the key draft measures
HMRC has published a revised table of advisory fuel rates to be used by employers reimbursing employees for business travel in their company cars.
The government will deliver permanent reductions in spending, using the savings to fund infrastructure investment and support social mobility, HM Treasury announced in today’s autumn statement.
HMRC is seeking 1,300 employers to join its PAYE Real Time Information pilot next July.