The Taxes, etc. (Fees for Payment by Internet) (Amendment) Regulations, SI 2015/1777, increase the fee for online credit card payments made to HMRC from 1.4% to 1.5% with effect from 2 November 2015.
Closure notices and the scope of appeals
When is a case a complex case?
Following the publication of the OECD’s BEPS reports, EU finance ministers have reached agreement on Tuesday 6 October on a Directive requiring member states automatically to exchange information on their corporate tax rulings.
The CBI has published Building trust in the international tax system, setting out their policy priority recommendations for international tax for the current Parliament. It focuses on three key themes:
Finance Act 2014 introduced a new regime for the taxation of theatrical production companies. Theatre tax relief is available from 1 September 2014 in respect of qualifying theatrical productions.
HMRC updated guidance note RDR1: Residence, Domicile and the Remittance Basis on 30 September 2015, replacing the October 2013 version.
The National Minimum Wage (Amendment) Regulations, SI 2015/1724, increase the principal hourly rate of the national minimum wage from £6.50 to £6.70 from 1 October 2015. The hourly rate for workers aged 18-21 increases to £5.30, for those under 18 to £3.87, and the apprentice rate to £3.30.
OECD recommendations hailed as ‘important milestone’, and the challenge now is to ensure measures are implemented consistently and coherently.
Ian Stewart, the Director of Indirect Tax at HMRC, talks about his VAT teams’ work and how they are helping UK businesses.