HMRC needs to do more to demonstrate that the revenue protection it claims for the IR35 legislation outweighs the costs it imposes, says the House of Lords Select Committee on Personal Service Companies in a recently published report
HM Treasury has announced that it will introduce a targeted anti-avoidance rule (TAAR) to counter false self-employment arrangements in relation to NIC ‘at the next available legislative opportunity’, with retrospective effect from 6 April 2014.
Amanda Flint considers the relevant measures, including those on share incentives, dual employment contracts, employment intermediaries and pensions
The Association of Taxation Technicians (ATT) has expressed disappointment at the Budget announcement that the collection of class 2 NIC should be brought within the self-assessment system.
Responding to the government’s proposal to outlaw ‘exclusivity’ in zero hour contracts and increase transparency, the Low Incomes Tax Reform Group (LITRG) has argued that the proposals fail to grasp what is actually needed to bring sustainable protection for low paid workers on zero hour contract
Your guide to the key measures from the Budget, provided by Lexis®PSL Tax and Lexis®PSL Private Client.
The NIC status of payments by an employer to a third party, such as a pension fund or insurance company, for an employee’s benefit has been litigated for over a decade and produced widely divergent judicial opinions. With the Supreme Court judgment in HMRC v Forde and McHugh Ltd, we now at last have clarity, say Dan Pipe and Nigel Doran
PAYE and pilots
The Bill was given its third reading by the House of Lords on 25 February 2014. It now awaits royal assent. The Bill extends the application of the GAAR to NIC so that abusive NIC arrangements are caught by the GAAR.
Deductibility of travel expenses