HMRC and HM Treasury have published a consultation document considering a number of potential options for improving levels of compliance with the off-payroll working rules (IR35) in the private sector.
The Scotland Act 1998 (Specification of Devolved Tax) (Wild Fisheries) Order, SI 2018/177, provides that specific taxes the Scottish government proposes to introduce in a Wild Fisheries (Scotland) Bill, to fund the conservation of freshwater fish and the management of wild fisheries, are to be de
This report, by the Lexis®PSL Tax, Private Client and Pensions teams, highlights the key provisions in the 2017 Finance Bill, published on 20 March, that have not been previously published in draft, or which have been published with significant amendments since the last draft.
Following consultation between September and November on draft amendments to the PAYE regulations to cover calculation, payment and reporting of the apprenticeship levy, the draft regulations have been extended to include other matters, such as assessment and recovery of unpaid levy, record keepi
HMRC has published a new paper providing an overview of the key accounting changes and tax considerations that arise for those individuals, partnerships and non-resident companies within the charge to income tax who move from old UK GAAP to FRS 102.
The Loan Relationships and Derivative Contracts (Change of Accounting Practice) Regulations, SI 2016/1234, ensure that changes introduced by Finance (No 2) Act 2015 will operate as intended from the start for accounting periods commencing on or after 1 January 2016.
The government has confirmed that no decommissioning relief agreements were signed in the 2015/16 financial year. A total of 76 deeds have been entered into since October 2013.
The Bank Levy (Double Taxation Relief) (Single Resolution Fund Levy) Regulations, SI 2016/1212, provide for double taxation relief in relation to the UK bank levy and the EU single resolution fund levy with effect from 1 January 2016.