Following announcements by Vince Cable, the Business Secretary, a new independent think tank has been launched to monitor executive pay. […]
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Month: February 2012
Tribunal held HMRC not entitled to carry out enquiry beyond standard enquiry period
The First Tier Tribunal held in favour of a taxpayer who had given HMRC details of a damages payment received but had omitted to declare this in his tax return, mistakenly believing the payment to be tax free. […]
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Turning the spotlight on HMRC’s Spotlights
HMRC’s attitude towards tax planning arrangements is well known by most employers. However, employers may well be less familiar with the “Spotlights” section on HMRC’s website. […]
Illegal working – naming and shaming
The UK Border Agency (‘UKBA’) has announced that it will publish quarterly reports which will name employers who receive 2 or more penalties for employing illegal workers. […]
HMRC announce a reprieve for form P45
As part of the implementation of real time information HMRC had previously announced that the form P45 was to be replaced by a ‘leaver statement’. […]
Increase in employment tribunal award limits and statutory payments
From 1 February 2012 there will be an increase in the amounts payable on certain employment tribunal awards and other amounts payable under employment legislation. […]
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Employment aspects of the revised City Code on Takeovers and Mergers (the ‘Takeover Code’)
Following a review of the Takeover Code a number of changes were made. Provisions affected by these changes include those relating to employee information rights and buyer intention statements. […]
Legal and tax advice from non-lawyers must be disclosed
The Supreme Court is to hear the appeal in the ‘Prudential’ case against the decision that legal advice privilege does not extend to non-lawyers. […]
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New arrivals and failure to notify UK tax liability
Until 1 June 2010, foreign nationals or returning UK nationals were required to file a form (P86) informing HMRC of their arrival in the UK and, among other things, their intention with regard to the duration of their stay here. […]
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Reforming executive pay – Government proposals and investor concern
There have been a number of recent developments with regard to executive pay. These are summarised below. […]
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