HMRC have published two draft documents as part of the National Insurance (NI) Contributions Bill: arrangements for claiming the employment allowance from 6 April 2014, and regulations for offshore employers and oil and gas workers on the UK continental shelf.
The arrangements set out how employers will be able to claim the allowance of up to £2,000 against their secondary class 1 NI liability.
A client works as a surveyor, his income substantially from one customer
A client runs a consultancy business through a limited company. The PAYE scheme has been cancelled, so could his National Insurance contribution record be protected by the payment of class 2 rather than class 1 contributions?
The cases of Tower Radio and Aberdeen Asset Management are further evidence of a shift in the courts against avoidance
Employers are being given the chance to settle open enquiries into the use of employee-financed retirement benefit schemes (EFRBS) arrangements by agreement and without needing to take part in litigation.
Firms have until 31 December 2013 to consider the two options offered by HMRC:
HMRC say they are aware of a tax error affecting recipients of disbursement from the Redundancy Payments Office (RPO) but will not make corrections unless asked to do so.
The RPO provides financial settlements to staff members of insolvent employers but does not operate a tax code on the payments, meaning only basic rate tax is deducted and workers often find they have paid tax excessively or erroneously.
“Government needs to take measures to help rest of UK”
A medical consultant owns two cars that are used for business purposes. His wife, who assists in the business and receives a £15,000 salary, is insured to drive these cars and HMRC are contending that a car benefit arises on one of them
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
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