Salary sacrifice arrangements did not work
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
Jeanette Zaman and Zoe Andrews write that the recent changes to the partnerships tax rules highlight an increasing trend for loosely drafted, wide-reaching legislation that requires reliance on detailed guidance to identify its actual anti-avoidance targets
HMRC has published a note to clarify the taxation of non-trade businesses under ITTOIA 2005 Part 5 Chapter 3.
Your guide to the key measures from the Budget, provided by Lexis®PSL Tax and Lexis®PSL Private Client.
The government is to press ahead with its plans to bring in its limited liability partnership (LLP) tax reforms on 6 April 2014 in spite of the House of Lords Finance Bill Sub-Committee (FBSC) calling last week for a delay, following critical evidence from the Law Society about the impact on soli
Helen Lethaby reviews recent developments affecting the City
HMRC has issued revised guidance notes for taxing LLP members. George Bull and Malcolm Cook consider whether the taxman listened to the profession’s concerns
The ICAEW Tax Faculty has expressed support for the recently launched Fair Tax Mark (FTM) (see last week’s Tax Journal, page 8), saying it is ‘an initiative we are right behind’. The announcement was posted on the ICAEW’s website and has met with a mixed reaction from members.
Are payments into a retirement scheme ‘earnings’?