Revised EU legislation will introduce substantial changes to social security for EU employers not present in the UK and for those individuals who work temporarily outside their home EU member state […]
Category: Tax/Social Security
Compensation & Benefits: Online filing of share schemes returns for year ended 5 April 2010 – deadline 6 July 2010
HMRC reminder that the relevant form must be completed and returned to the Employee Shares & Securities Unit before 7 July following the end of the tax year for which it was issued. […]
Compensation & Benefits: Pensions reforms – new disclosure rules for tax avoidance schemes
Following on from the announcements in April of this year regarding the restriction of higher rate tax relief on pension contributions for those earning more than £150,000,…. […]
International Assignments: Short term business visitors and PAYE
Tax liabilities take many employers by surprise […]
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Compensation & Benefits: Incomplete disclosure of facts may result in both formal and informal tax rulings being withdrawn
In a recent VAT case, the High Court has ruled that taxpayer’s application for judicial review of HMRC’s decision to withdraw its VAT ruling with retrospective effect, because the taxpayer had failed to make a full and accurate disclosure of material facts, should be dismissed. […]
Compensation & Benefits: Enterprise Management Incentives (“EMI”) schemes
HMRC has recently announced two significant developments concerning EMI schemes. In particular, a greater number of companies will now be able to take advantage of tax-favourable EMI schemes. […]
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Compensation & Benefits: HMRC issues new guidance on Share Incentive Plans
On 29 January 2010, HMRC issued new guidance in its Employee Share Schemes User Manual on the operation of SIPs. […]
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Expatriates: New rules for non-UK domiciled and not ordinarily resident taxpayers
Under the UK tax system those who have a non-UK domicile are entitled to use the remittance basis of taxation whereby only income and gains which they “remit” to the UK is taxable here. So too the remittance basis applies to those individuals who are not ordinarily resident in the UK, but only in relation […]
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Compensation & Benefits: UK Enterprise Management Incentives (“EMI”) schemes
To become more attractive to non-UK companies […]
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International Assignments: A new concealed tax on sport?
International athletes who attend sporting events in the UK may be subjected to UK tax on a higher proportion of their worldwide earnings than has previously been the case before.
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