Employees

HMRC have yet to repay National Insurance contributions following the taxpayer’s victory in Total People

Restricted securities taxation as explained to students of Tolley Exam Training

Proposals for offshore employment intermediaries are likely to create more problems than they solve

Two in five workers could be paying wrong tax, claim accountants

Several clients operate as contractors through personal service companies. The contracts have been reviewed by a specialist firm, which provides insurance cover against income tax and National Insurance liabilities if the IR35 rules apply

PAYE schemes on which there has been no activity for at least 120 days will be automatically cancelled, HMRC have announced.

A letter – an RTI206 – will be issued to an employer of a shutdown, following an automated review of Revenue records.

The department claimed the new approach will allow officials to identify at a much earlier point that no returns are due – and it removes the obligation to make real-time submissions and subsequent requests for both returns and payment.

Professional accounting body calls for simplification

HMRC have introduced a system of electronic messages intended to help employers keep their PAYE up to date.

The first alert will be sent to employers who are suspected of having submitted a late full payment submission. Recipients must ensure they get their business ready to submit
PAYE returns on time from 6 April 2014 to avoid potential in-year penalties in 2014/15, said the Revenue.

Salaried members of limited liability partnerships (LLPs) will be classed as employees under changes to the taxation of partnerships, HMRC have announced.

The move follows the consultation on proposals for addressing the disguising of the employer/employee relationship through membership of LLPs.

The responses highlighted the problem of disguised employment arising from the interaction of the Alternative Investment Fund Managers Directive (AIFMD) and the existing partnership tax rules on alternative investment fund (AIF) managers who operate as a partnership.

HMRC are hitting amateur clubs for six over employment status

Employers have themselves to blame for the majority of PAYE bills they dispute, according to a report from HMRC.

A new digital service for taxpayers in the PAYE system is set to be launched in April 2014 – and HMRC are looking for people willing to help with testing.

The department wants the help of workers with business vehicles and employers who have staff with company cars:  the initial version of the service enables users to tell the Revenue about changes to company vehicles and fuel benefits.

Email an application to take part, including business location in the subject box.