PAYE Coding out tax debts and underpayments
Self-assessment tax returns for 2017/18 need to be filed online by 31 January 2019. However, if an individual wishes to take advantage of the opportunity [...]
Childcare Vouchers provided by Employers
Employer provided childcare vouchers can only be provided to employees, so the self- employed can’t take advantage of the tax and NIC savings they bring. [...]
VAT MOSS -New draft legislation
All businesses who sell digital services (such as ebooks, online video etc) to non-business customers in other EU countries need to account for the VAT [...]
Marriage Allowance – New stats revealed
Recent government statistics have revealed that out of the four million eligible couples, around half are still not benefiting from the income tax Marriage Allowance [...]
Trading loss relief denied as football agent loses appeal
In the case of Jerome Anderson v HMRC which was heard by the Upper Tier Tribunal the decision by the First Tier Tribunal to disallow [...]
Child Benefit Clawback- a case taken to First Tier Tribunal
The high income child benefit charge (HICBC) is the mechanism, to clawback child benefit. In brief, a high earner has to pay more tax to [...]
Tax News Round-up March 2018
NO MAJOR TAX CHANGES IN CHANCELLOR’S SPRING STATEMENT As announced last year, the Chancellor’s Budget will in future take place in the Autumn each [...]
Certificate of residence – DTA’s
Individuals and organisations which receive income or gains from other countries, typically pensions or royalties, may have overseas tax deducted from those payments unless they [...]
Termination Payments – are you up to date?
Termination payments which are provided for in the employment contract are by definition paid under that contract, and are taxable. Payments in lieu of notice [...]
Employment Status -Are you and your workers employed or self employed?
Last year the House of Commons Work and Pensions Committee published a report on employment status calling on the Government to close the loopholes that [...]