In brief: 14 November 2019

Pension newsletter

HMRC’s Pension schemes newsletter 114 includes articles on statistics moving pension recipients to a new payroll relief at source returns guaranteed minimum pension equalisation and guidance on annual allowance charge ‘scheme pays’.

tinyurl.com/hmrcpn114

VAT

The Finance Act 2019 Schedule 18 (VAT Groups: Eligibility) (Appointed Day) Regulations 2019/1348 extend the eligibility criteria for VAT grouping to allow individuals partnerships and Scottish partnerships to enter a UK VAT group and came into force on 1 November.

tinyurl.com/vat20191348

BEPS

Bosnia and Herzegovina has become the 90th country to sign the Organisation for Economic Co-operation and Development’s multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting (BEPS).

tinyurl.com/bhbepsoct

Pensions

A survey commissioned by the Royal College of Surgeons of England has found more than two-thirds of NHS consultant surgeons are reducing their hours because of tax charges arising from the tapered pensions...