HMRC have issued new guidance on ‘Tax avoidance schemes aimed at contractors and agency workers’ ahead of the extension of the off-payroll working rules to the private sector.
SME Tax News
In Gareth Clark v HMRC [2020] EWCA Civ 204, the Court of Appeal (CoA) upheld the decisions in the two earlier appeals. It held that a transfer from an authorised pension scheme into another fund in order to enable pension cash to be invested in residential property amounted to an unauthorised payment.
HM Treasury have published 'Review of changes to the off-payroll working rules: report and conclusion'. It is their response to the review of the proposed changes to the off-payroll working rules applying them to the private sector for the first time.
Hello,
This week we are focusing on employers and have our annual ‘Employer’s: What’s on?’ update, as well as featuring some of our useful guides for employers. We have also summarised the latest HMRC Agent Update for you.
HMRC have issued a policy paper 'Revenue and Customs Brief 1 (2020): VAT liability of digital publications' confirming that their VAT treatment of supplies of digital newspapers and other digital publications has not changed following a recent Upper Tribunal decision.
HMRC have issued the Agent Update for February/March 2020. We have summarised the key content for you with links to our detailed guidance on the topics covered.
HMRC have published new advisory fuel rates for company car drivers which will apply from 1 March 2020.
Hello,
This week we take a closer look at tax issues for property landlords, and there is also lots to interest employers and entrepreneurs.
In Neill Dyer v HMRC [2020] TC07567, an accountant’s claim that he had retained personal ownership of the goodwill of his practice, following its incorporation was rejected by the First Tier Tribunal (FTT). No such asset existed and his claim for Entrepreneurs’ Relief (ER) when he did dispose of his asset was rejected.
HMRC have published their Employer Bulletin for February 2020. We summarise the key content for you, with links to our detailed guidance on the topics covered.