Further to the chancellor’s budget announcement that the IR35 legislation is not effective enough, HMRC have published Intermediaries legislation (IR35): discussion document asking for views on how to make the legislation more effective in protecting the Exchequer and levelling the playing field between direct employees and those who work through their own limited companies.
Electronic contact
To help taxpayers distinguish phishing or bogus emails and genuine ones from HMRC, the department has published a list of digital and other communications.
Should changes be made?
HMRC propose measures to improve large business compliance
Call for evidence into the use of deeds of variation for tax purposes
Record tax yield for 2014/15
Merger of income tax with National Insurance “must not be a revenue raiser”
Finance Bill; EBTs; peer-to-peer loans; DOTAS; double taxation
Payment by direct debit will be mandatory from 3 August 2015 for all new time-to-pay arrangements.
HMRC have published a business brief explaining their approach to supplies of direct marketing that have been wrongly treated as zero-rated supplies.
The Financial Reporting Council (FRC) has updated and simplified UK and Ireland accounting standards.
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