The House of Lords Select Committee, formed on 12 November 2013, is seeking evidence by 31 December 2013 from interested parties on the use of personal service companies and the implications for tax, NIC and wider issues for workers and their clients.
James Bullock and Heather Self of Pinsent Masons talk to Peter Bingle about the role of the Public Accounts Committee.
Jonathan Fletcher Rogers considers whether Aberdeen Asset Management signals the end of tax avoidance on employee benefits.
John Whiting and Caroline Turnbull-Hall of the Office of Tax Simplification look at how the way terms are defined in tax legislation contributes to complexity... or could it be a route to simplification?
The OECD has launched a consultation on a series of minor changes to the OECD Model Tax Convention. The majority are minor editorial or clarificatory changes, but they do include additional commentary on:
The Sixth Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes is being held on 21–22 November 2013 in Jakarta, Indonesia.
The Select Committee on Statutory Instruments (SCSI) has concluded that the International Tax Compliance (United States of America) Regulations, SI 2013/1962, may be ultra vires. These regulations bring into effect the intergovernmental agreement made on 12 September 2013.
…Hungary & Liechtenstein; personal service companies; Wales; toolkit survey; HMRC protocol; entertainers
Legal professional privilege and engagement letters
Helen Lethaby reviews recent developments affecting the City, including profit deferral under AIFMD, compensating adjustments, new DOTAS rules and the Ingenious Media case.