It is not often that amendments to the annual Finance Bill make headline news, and rarer still that they are forced on the Government by cross-party groups of MPs. In the past week, the Bill was...
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The ‘digital exclusion’ exemption for MTD: Its origin and scope
Of the recommendations of the recent Report on Making Tax Digital for VAT: Treating small businesses fairly by the House of Lords Economic Affairs Committee (Finance Bill Sub-Committee), one in...
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HMRC review HICBC failure to notify penalties
HMRC’s announcement that they would review certain cases where penalties were charged on taxpayers who had failed to register for the high income child benefit charge (HICBC), and refund them...
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The disguised remuneration loan charge: ‘No legal or moral basis’ or a fair anti-avoidance measure?
The loan charge is an attempt to tax certain so-called ‘disguised remuneration’ schemes under which employees, workers or contractors are paid not through wages or salary subject to payroll taxes,...
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There’s No Time Like the Present To Get Prepared for Making Tax Digital (MTD)
Making Tax Digital (MTD) will become effective from 1 April 2019. It’s a government initiative that requires businesses with an annual turnover above the VAT threshold (£85k) to submit their...
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Can HMRC guidance be relied upon?
The Office of Tax Simplification (OTS) has published a timely report entitled ‘Guidance for taxpayers: a vision for the future’. The report’s vision is for guidance geared to the needs of users,...
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October Online Service Updates
What’s new in our plethora of tax online services? Steve Savory summarises the highlights.
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The Finance Bill: here we go again!
Mark McLaughlin highlights some important provisions in the latest Finance Bill and notes some other measures still to come.
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Courts and Tribunals: September 2018
Class 1A NIC: repaid private fuel constituted a benefit for company fuel card holders Extended periods of time allowed for a company’s fuel card holders to provide details to the company of their...
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VAT news and cases roundup: September 2018
HMRC issues guidance on Brexit no-deal HMRC has issued a range of guidance notices informing the public and businesses of the implications of the UK leaving the EU without a formal withdrawal...
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