Salary sacrifice schemes affected by VAT ruling
As of the 1st January 2012 HMRC will treat any salary sacrificed by employees in exchange for benefits as consideration for VAT purposes.
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more info »In a press release issued by HMRC today it was stated that 5 arrests have been made and 600 civil investigations are underway following the amnesty for plmbers and other tradesmen, with some of the sums involved being reported as owing up to £150,000 in unpid taxes.
read on »As of the 1st January 2012 HMRC will treat any salary sacrificed by employees in exchange for benefits as consideration for VAT purposes.
read on »HMRC are now targetting thousands of tax evaders and have launched its first sixteen criminal investigations folowing its tax amnesties.
read on »In a report issued by the IOD it is stated that the real tax burdens on business are much more than that imposed by just corporation tax.
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