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TAX POLICY ADMINISTRATION


The Social Security (Contributions) (Rates, Limits and Thresholds Amendments and National Insurance Funds Payments) Regulations, SI 2018/337, specify the increased NICs rates, limits and thresholds to apply from 6 April 2018 for: Class 2 rate and small profits threshold; Class 3 rate; Class 4 low

The government is consulting until 8 June 2018 on extending the tax relief available for self-funded training by employees and the self-employed.

The House of Lords debated the Finance Bill on 8 March and Royal Assent [is expected]*/[was given]* on Thursday 15 March.

See http://bit.ly/2FD8LJR.

HM Treasury has approved the new CCAB anti-money laundering guidance for the accountancy sector, updated for the 2017 regulations, which covers all entities providing audit, accountancy, tax advisory, insolvency, and trust and company services.

HMRC has published the following:

  • Notice 2002: Alcohol Wholesaler Registration Scheme: updates the October 2017 version with a small number of amendments intended to clarify current policy.

Claim for losses

Taxpayers’ rights under the Liechtenstein disclosure facility

The EU Parliament’s ECON committee has called for the CCCTB to be implemented by the end of 2020, in a substantially tougher form than the Commission’s original proposal.

The Social Security (Contributions) (Amendment No. 2) Regulations, SI 2018/257, apply new NICs rules to payments-in-lieu-of-notice and protect certain third-party employers from liability to NICs under the disguised remuneration loan charge.

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