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There is news that yet another public sector body, this time it's HS2, has managed to get the IR35 and Off-Payroll Working rules wrong. HS2's estimated £9.5 million liability, set aside in its accounts, now means that public sector organisations have nearly amassed £275 million in payrolling errors.
Hello,
Well done to anyone managing to work in this heat! We have lots of updates for you this week, mainly for employers, trusts and Self Assessment return preparers.
Many taxpayers will be unable to file their Self Assessment returns online for the year ended 5 April 2022 due to software specification issues from HMRC. An updated list of filing exclusions for individuals, as of 22 December 2022, has recently been published.
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This week we have a 'hybrid working' tax review, a call for evidence on tax reliefs, interesting statistics on Inheritance Tax (IHT), a look at some unusual global tax announcements and record fines for accountancy firms.
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The government’s extremely tardy response to its 2018 consultation on Employment Status reveals that it’s apparently too difficult to legislate to create a statutory employment test. A great opportunity lost, in my humble opinion.
HMRC have issued their Agent Update for July 2022. We have summarised the key content for you with links to our detailed guidance on the topics covered.
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