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. […]

Read More… from Compensation & Benefits: Online filing of share schemes returns for year ended 5 April 2010 – deadline 6 July 2010

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,…. […]

Read More… from Compensation & Benefits: Pensions reforms – new disclosure rules for tax avoidance schemes

Compensation & Benefits: Incomplete disclosure of facts may result in both formal and informal tax rulings being withdrawn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. […]

Read More… from Compensation & Benefits: Incomplete disclosure of facts may result in both formal and informal tax rulings being withdrawn

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. […]

Read More… from Compensation & Benefits: Enterprise Management Incentives (“EMI”) schemes

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 […]

Read More… from Expatriates: New rules for non-UK domiciled and not ordinarily resident taxpayers

International reach

We have helped clients meet their HR needs in over 70 countries across five continents.