HMRC has added Spotlight 37 to its targeted list of tax avoidance schemes. This concerns a disguised remuneration scheme under which an umbrella company pays contractors partly in the form of redeemable loyalty points for advertising their services on a job board.
The Treasury has published a summary of responses to its consultation, held between September and November 2016, on how the government intends to implement the Fourth Money Laundering Directive and the accompanying Fund Transfer Regulation in the UK by June 2017.
HMRC has published the following:
The Financial Times has reported (20 March) that Uber is facing a fresh legal challenge from tax barrister Jolyon Maugham QC over VAT.
Supplies by employment bureaux
CGT hold-over relief
Effect of appeal by lead appellant
The prime minister announced to the House of Commons during oral questions that the government ‘will not bring forward increases to NICs later in this Parliament’, although the government will bring forward further proposals once Matthew Taylor has reported on his review of self-employment.