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. […]
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. […]
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. […]
Read More… from Increase in employment tribunal award limits and statutory payments
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. […]
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. […]
Read More… from Legal and tax advice from non-lawyers must be disclosed
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. […]
Read More… from New arrivals and failure to notify UK tax liability
There have been a number of recent developments with regard to executive pay. These are summarised below. […]
Read More… from Reforming executive pay – Government proposals and investor concern
As a general rule a member of a UK registered pension scheme must reach a specified age before he can draw his pension, the normal minimum pension age (“NMPA”). This will rise from 50 to 55 on 6 April 2010. […]
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. […]