Employers need to carefully consider the cost implications of providing benefits in kind to employees following the introduction of VAT on several benefits offered via salary sacrifice from 1 January 2012. […]
Read More… from Considerations for employers – the VAT implications for employee benefits
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. […]
Read More… from Tribunal held HMRC not entitled to carry out enquiry beyond standard enquiry period
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. […]
In our previous newsletter, we reported that the Government was planning to remove the existing tax and National Insurance Contributions (NICs) exemptions on childcare vouchers (see link to article in Resources below) from 2011. […]
UK employers with 50 or more employees should submit the following notifications online:
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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 […]
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. […]
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,…. […]
Tax liabilities take many employers by surprise […]
Read More… from International Assignments: Short term business visitors and PAYE
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. […]