.png)
.png)
Issue:
4898
/
Categories:
Comment & Analysis
, HMRC
, Legislation
, PAYE
, tax avoidance
, TMA 1970
, Avoidance
, Policy
Summer reading sorted
Key points
- Legislation day announcements comprised at least 20 new pieces of legislation as well as several consultations.
- Some taxpayers will be able to pay the high-income child benefit charge through their PAYE tax code.
- New reporting requirements for businesses could prove burdensome.
- Continuing to promote an avoidance scheme specified in a notice will become a criminal offence.
- Draft legislation on a single merged scheme to replace the two existing research and development tax relief schemes published.
Another week: another fiscal event. It makes one nostalgic for the days when we had one budget a year and then had radio silence from the Treasury. But we shouldn’t complain. It may be hard at times to remember where we are in the fiscal timetable but at least we do now have plenty of opportunities to take part in consultations and review legislation in draft.
So what exactly was published on the so-called ‘legislation day’...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
