The Department for Business, Innovation and Skills has published an updated policy on HMRC's enforcement of the national minimum wage and national living wage. The national living wage applies to workers aged 25 and over from 1 April 2016.
No Moore relief. Experts at BKL Tax review a recent tribunal decision.
The Income Tax (Construction Industry Scheme) (Amendment of Schedule 11 to the Finance Act 2004) Order, SI 2016/404, simplifies the compliance test, which is one of three tests that sub-contractors must satisfy to be registered to receive payments gross under the construction industry scheme, wit
Laura Charkin and Stephen Pevsner (King & Wood Mallesons) look back on a turbulent year for fund managers and consider the proposed new ‘income-based carried interest’ tax rules.
Experts at Tolley examine highlights of the draft 2016 Finance Bill.
Sideways loss relief and rental income
HMRC is consulting until 30 October 2015 on draft amendments to the four sets of regulations which set out the tax rules on accounting for profits and losses on loan relationships and derivative contracts, to reflect legislation in Finance (No. 2) Bill 2015 (cls 31, 33 and Sch 7).
The government is consulting until 16 November 2015 on draft regulations to support legislation in Finance Act 2015 introducing the requirement for multinational enterprises to submit country-by-country reports to HMRC from 1 January 2016 containing details of their economic activities in other t