Wishing a Prosperous New Year to all our subscribers and readers.
Another win for Spurs
In HMRC v Tottenham Hotspur Limited [2017] UKUT 0453 (TCC), the Upper Tribunal (UT) considered whether termination payments to two football players (Peter Crouch and Wilson Palacios on their transfer to Stoke) should be subject to tax and NIC as earnings “from an employment” rather than under the special rules.
Taxing gains on UK immovable property - a consultation
Following the Autumn Budget 2017, HMRC have published ‘Taxing gains made by non-residents on UK immovable property - consultation’. This follows the chancellor's announcement that non-resident capital gains tax will be extended to include all UK property.
Autumn Budget 2017: summary
The chancellor, Philip Hammond presented his Autumn 2017 Budget on 22 November 2017. This summary covers his key new tax announcements.
Autumn Budget 2017: Live highlights
The chancellor, Philip Hammond presented his Autumn 2017 Budget on 22 November 2017. These are our highlights of his live speech.
Class 2 NICs to stay for one more year
The government have announced that Class 2 NICs, which were due to be abolished from April 2018, will remain for one more year, until April 2019.
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