On 29 January 2010, HMRC issued new guidance in its Employee Share Schemes User Manual on the operation of SIPs. […]
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Category: Tax/Social Security
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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Compensation & Benefits: New PAYE penalty regime from April 2010
HMRC has issued a draft order providing that the new penalty regime for late payment of income tax under PAYE will come into force from 6 April 2010 […]
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Compensation & Benefits: 3 top ways to achieve legitimate tax efficiencies – and an Invitation
Tax and national insurance rates may be rising and HMRC may be cracking down on avoidance schemes but there are legitimate ways to achieve tax efficiencies. […]
International Assignments: Double tax treaties
Recent developments and programme to 31 March 2010 announced by HMRC
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International Assignments: Residency in the UK- where are we now?
In recent weeks, there have been a number of decisions highlighting the complexities surrounding residence in the UK […]
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Compensation & Benefits: New HMRC ‘rights’ Charter
On 11 November 2009, HMRC published its new Charter called ‘Your Charter’, setting out the rights of obligations of individuals when dealing with HMRC. […]
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Compensation & Benefits: New company car mileage rates
From 1 December 2009, HMRC approved rates payable to an employee for use of a company car for business purposes have changed with immediate effect. […]
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