Employment tax

Tax / HMRC raids Newcastle and West Ham football clubs

Over a hundred HMRC officers have been deployed on early morning raids at two football clubs - Newcastle United and West Ham -  with several arrests made in connection with allegations of tax fraud

Tax / Making Tax Digital: accounting periods and reporting deadlines

With less than a year to go before quarterly reporting starts for unincorporated businesses, self employed and landlords over the VAT threshold in April 2018, Stephen Relf ACA CTA, specialist tax writer at Wolters Kluwer, has pulled together a handy guide to key reporting dates for accounting periods for HMRC's Making Tax Digital 

Tax / Brexit and EU rules: Posting of Workers Directive – part 2

In part two of our EU Directives series, Stefan Petrovski, accountant at Paris-based accounting firm Primexis, considers changes to the rules on secondment and posting of workers to other EU member states for provision of services by companies under the Posting of Workers Directive

Tax / Treasury committee ramps up scrutiny of tax policy

Tax policy faces greater scrutiny from the Treasury Select Committee as it plans four additional evidence sessions focusing on tax measures such as Making Tax Digital and the tax treatment of the self-employed

Tax / HMRC takes PAYE online service down for overnight maintenance

HMRC is updating the 2017/18 year tax data over night so customers will be unable to use the PAYE online service from 5pm for 16 hours on 5 April

Tax / Salary sacrifice: effect on employers and employees

In light of the new salary sacrifice rules which will be introduced this month, Vaneeta Khurana, head of employment tax at Mazars shares her thoughts on what the new draft Finance Bill will mean for employees and employers

Tax / SMEs under scrutiny over payroll taxes

HMRC collected £705m in additional tax through investigations into companies’ payroll taxes over the last year according to research by international law firm Pinsent Masons which indicates SMEs are a particular focus of scrutiny

Tax / Employment tax updates: April 2017

The latest employment tax revisions  including clarification of salary sacrfice exemptions, IR35 rules for public sector workers and the Scottish rate of income tax thresholds. Jackie Hall ACA CTA, partner at RSM  casts her eye over developments

Tax / Apprenticeship levy labelled ‘blunt instrument’

Just a week before it is due to come into operation, the new apprenticeship levy has been branded ‘a blunt instrument’ by a parliamentary select committee, which says the government's flagship policies around apprenticeships lack focus and are not targeting the right sectors in order to fill widening skills gaps

Tax / Editor’s comment: national insurance fiasco leaves black hole

The ill-thought plans to hike national insurance rates for the self employed leaves the Chancellor with a large hole in the accounts. The aim to align NICs rates is not wholly irrational but it should be part of a wider review of employment taxes and the changing work environment, says Sara White, editor of Accountancy

Tax / Tax filing deadlines: Apr-Aug 2017

The key HMRC filing deadlines from April to August 2017 including registration deadline for payroll benefits in kind, ATED five-year revaluation deadline, company car notifications and online CIS returns

Tax / OTS encourages discussion on tax complexity

The Office of Tax Simplification (OTS) has published a focus paper on tax complexity, together with updated versions of its various complexity-themed papers, in a bid to encourage greater discussion of options such as ‘layered legislation’ and ways to regularise thresholds

Tax / Burke: HMRC deal with footballers over tax and image rights up for renewal

More footballers could soon find image rights claims kicked into touch as HMRC launches a clampdown which could have implications for other groups, warns Brian Burke, director of business restructuring firm Quantuma

Tax / Tax break on employee costs in legal cases

HMRC has published draft guidance on changes to tax rules where an employer funds costs or pays for legal indemnity insurance for employees for proceedings related to their employment, with the aim of making them simpler to operate

Tax / Tougher penalties for hidden economy tax evaders planned

The government plans to introduce tougher penalties to curb those operating in the black economy with a more robust ‘failure to notify’ regime as part of its overall review of the HMRC penalties system as well as focused HMRC activity to crack down on tax evaders