A consensus is emerging among the tax profession for the government to delay any plans to extend its recent reform of public sector off-payroll working rules to the private sector until April 2020 at the earliest.
HMRC has published the test results from the application of the ‘Check employment status for tax’ (CEST) tool during its development phase, following a freedom of information request.
HMRC is consulting on three main options for changes to its money laundering supervision fee structure from 1 December 2018, in order to preserve the policy that businesses should pay for the costs of supervision, rather than this being funded through general taxation.
HMRC has published revised advisory fuel rates for company cars, applying from 1 September 2018. The rates are to be used only where employers either reimburse employees for business travel in their company cars, or require employees to repay the cost of fuel used for private travel.
HMRC has updated its guidance on the ‘requirement to correct’ offshore non-compliance. Taxpayers must make a disclosure of undeclared liabilities involving offshore matters by 30 September 2018, or face penalties of up to 200% of the tax involved.
HMRC has added new spotlight 45 to the list of tax avoidance schemes it is investigating, concerning certain employment arrangements offered by some agencies and umbrella companies.
BDO’s latest annual survey of football club finance directors reveals a drop in confidence over the last year among football clubs in relation to their tax affairs, although concerns about major problems arising from HMRC investigations have receded.
HMRC has published the final version of guidance on the ‘fit and proper’ test it will carry out as part of the money laundering supervision registration process for money service businesses and trust or company service providers.