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TAX POLICY ADMINISTRATION


HMRC has opened its new ‘payrolling benefits in kind’ online service to employers for registration. Employers wishing to use the online service to payroll employee expenses and benefits, in place of submitting forms P11D in 2016/17, must register by 5 April 2016.

Individuals making their tax payments to HMRC by debit or credit cards may have to wait months for refunds under new procedures introduced, warned London-based chartered accountancy firm Blick Rothenberg.

The following have been published:

In its sixth report of the 2015/16 session, entitled HM Revenue & Customs performance in 2014–15, the Public Accounts Committee (PAC) criticised HMRC’s performance last year, saying the number of prosecutions for offshore tax evasion was ‘woefully...

Financial Secretary to the Treasury, David Gauke, answers questions from Tax Journal on tax competitiveness and tackling avoidance.

BEPS marks a turning point in international tax, but the work is not over yet.
 

Jill Gatehouse and Susanna Brain (Freshfields Bruckhaus Deringer) provide an expert practitioner review of the OECD’s initiative to tackle base erosion and profit shifting.

Tom Scott (McDermott Will & Emery) looks at hybrid arrangements and the effect of the OECD proposals.

Charles Yorke (Allen & Overy) reviews Action 4 of the BEPS report.

Alison Lobb (Deloitte) considers the permanent establishment threshold and the consequences for cross-border trading.

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