The government has invited comments by 25 February on a revised draft of legislation to replace HMRC’s statement of practice SP 1/09. A number of changes have been made in response to representations received following the October 2012 consultation. SP1/09 provides a simplified tax treatment of income for certain employees taxed on the remittance basis.
The government has invited comments by 25 February on a revised draft of legislation to replace HMRC’s statement of practice SP 1/09. A number of changes have been made in response to representations received following the October 2012 consultation. SP1/09 provides a simplified tax treatment of income for certain employees taxed on the remittance basis.
