New research suggests that the UK has one of the highest tax burdens for both low and high earners of ‘any major economy’, according to UHY Hacker Young.
HMRC are offering employers who have utilised Employee Benefit Trusts and similar arrangements the opportunity to resolve outstanding enquiries without recourse to litigation. Adam Craggs considers whether employers should take up this opportunity.
The drive for individuals to provide services through intermediaries comes from a number of different parties including employers, end clients and employment agencies, members of the IR35 Forum noted at the Forum’s inaugural meeting.
HMRC have a dedicated post room for receipt of paper forms P11D & P11D(b) for 2010/11:
HMRC have announced changes to the advisory fuel rates to be used by employers reimbursing employees for business travel in their company cars.
Helen Lethaby provides your monthly review
Erika Jupe considers the practical issues involved in a company raising finance under the EIS and VCT schemes
The government is consulting on proposed changes to limit ‘unintended tax relief’ for employer ‘asset-backed’ contributions to defined benefit registered pension schemes.
HMRC published a ‘technical pack’ for ‘real time information’ reporting, to enable software developers to build payroll software products capable of reporting using the internet through the Government Gateway.