modernise the taxation of corporate debt and derivatives contracts; and
counter the ‘artificial use of dual contracts’ by non-domiciled individuals.
Comments are invited by 14 and 13 February respectively.
PAYE: RTI guidance
HMRC has updated its guidance on real time information. Updates include a reminder of changes to payroll submissions, new entries required on payroll records and a new online appeals facility. It has also published a further reminder to employers about the PAYE filing and payment position under RTI.
Share scheme returns
HMRC has published the following 2013/14 return forms: 34 (SAYE option scheme), 35 (company share option plan, 39 (share incentive plan), 42 (employment-related securities in ‘unapproved’ schemes) and EMI40 (enterprise management incentives).
Small business rate relief
The Non-Domestic Rating (Small Business Rate Relief) (England) (Amendment) Order, SI 2014/43, amends SI 2012/148 to provide for a temporary extension to the increase in small business rates relief in England to 31 March 2015, and to extend the scope of the relief where small businesses expand.
Machine Games Duty regulations
The Machine Games Duty (Types of Machine) Order, SI 2014/47, amends FA 2012 Sch 24 to increase the stake and prize limits that determine which machines qualify for duty at the lower rate of 5%.
VAT rates
VAT Information Sheet 01/14 deals with an increase in the rate of VAT in Cyprus from 18% to 19%.
HMRC manuals
HMRC has updated its Information Disclosure Guidance Manual and its Senior Accounting Officer Guidance Manual.
Payroll giving
HMRC has invited comments by 18 February on the draft Charitable Deductions (Approved Schemes) (Amendment) Regulations, which will reduce from 60 days to 35 days, in some cases, the time within which an agent operating a payroll giving scheme must pass on a donation to the nominated charity.
modernise the taxation of corporate debt and derivatives contracts; and
counter the ‘artificial use of dual contracts’ by non-domiciled individuals.
Comments are invited by 14 and 13 February respectively.
PAYE: RTI guidance
HMRC has updated its guidance on real time information. Updates include a reminder of changes to payroll submissions, new entries required on payroll records and a new online appeals facility. It has also published a further reminder to employers about the PAYE filing and payment position under RTI.
Share scheme returns
HMRC has published the following 2013/14 return forms: 34 (SAYE option scheme), 35 (company share option plan, 39 (share incentive plan), 42 (employment-related securities in ‘unapproved’ schemes) and EMI40 (enterprise management incentives).
Small business rate relief
The Non-Domestic Rating (Small Business Rate Relief) (England) (Amendment) Order, SI 2014/43, amends SI 2012/148 to provide for a temporary extension to the increase in small business rates relief in England to 31 March 2015, and to extend the scope of the relief where small businesses expand.
Machine Games Duty regulations
The Machine Games Duty (Types of Machine) Order, SI 2014/47, amends FA 2012 Sch 24 to increase the stake and prize limits that determine which machines qualify for duty at the lower rate of 5%.
VAT rates
VAT Information Sheet 01/14 deals with an increase in the rate of VAT in Cyprus from 18% to 19%.
HMRC manuals
HMRC has updated its Information Disclosure Guidance Manual and its Senior Accounting Officer Guidance Manual.
Payroll giving
HMRC has invited comments by 18 February on the draft Charitable Deductions (Approved Schemes) (Amendment) Regulations, which will reduce from 60 days to 35 days, in some cases, the time within which an agent operating a payroll giving scheme must pass on a donation to the nominated charity.
