News

UK born non-doms will suffer under new rules, according to tax advisers
04 November 2015

Members of the Chartered Institute of Taxation (CIOT) have raised concerns about the government’s proposals to reform taxation for non-domiciles, as they fear it could lead to an unfair result for those born in the UK who spend most of their lives abroad, but later return.
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New data shows inheritance tax bill increase
02 November 2015

According to new analysis of HM Revenue & Customs (HMRC) data, the cost of passing on wealth to the next generation has increased by three per cent or £5,000 in one year.
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HMRC outlines Benefits in Kind and expenses real time reporting
02 November 2015

PAYE legislation is changing from 5 April 2016, so employers who intend to or are already payrolling benefits and expenses must register with HMRC using the new online Payrolling Benefits in Kind (PBIK) service.
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Taxpayers get a nudge
06 October 2015

HM Revenue & Customs (HMRC) has come under fire for the use of so-called ‘nudge’ letters sent by its Behavioural Insights Team.
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Contractors warned about contested structures
06 October 2015

UK contractors have been warned to steer clear of loan schemes using offshore trusts that promise to reduce their income tax bill.
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‘Barriers to justice’ for UK firms
05 October 2015

According to business groups, new business rates legislation (proposed in the Government’s Enterprise Bill) will increase the administrative burden on small firms and act as a “barrier to justice” for businesses seeking to appeal.
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Businesses could face additional costs from EU work ruling
05 October 2015

In a landmark ruling, the Court of Justice of the European Union (CJEU) has said that time spent travelling to and from first and last appointments by workers who do not have a fixed work office, should be regarded as working time and that wages should be paid in relation to this.
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Cable pledges crackdown on ‘rogue’ directors
03 October 2015

Business Secretary Vince Cable has announced plans for reforms to make sure directors face “the strongest possible consequences” if they act improperly.
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