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IR35 Legal Challenge May Not Happen

In June of this year, Mike Gibson, a former transformation director of Logica and Fujitsu, and now owner of his own company, Ethical Consulting Ltd, launched an appeal for cash donations to mount a legal challenge against the IR35 reforms in the public sector. The crowdfund tar...

Travel Expenses for All

Back in May of this year, the Treasury issued a consultation document, ‘Taxation of employee expenses call for evidence’. This was driven by the Government wanting to understand more about the increasing number of claims for non-reimbursed travel expenses made by i...

Shambles and a Disgrace

HMRC were recently scolded by the First Tier Tax Tribunal for allowing a VAT appeal to get as far as a tribunal hearing.Gekko & Company Ltd are a property investment business that registered for VAT in May 1997.In 2015, the company underwent a VAT compliance check w...

Corporation Tax Made Simple

The Office of Tax Simplification (OTS) recently published its recommendations for making corporation tax (C.T) easier in its report, ‘Simplification of the corporation tax computation’.Thus far, little attention has been given to making C.T operate more simply ...

10 Common Tax Errors Landlords Make

As part of their Let Property Campaign, HMRC have published examples of common tax errors landlords make. Many of these will seem obvious but nevertheless some people are ignorant or become complacent about their tax obligations when owning investment property.The publication...

Contracting wasteland in two years?

Back in June I attended a seminar run by my local branch of the Chartered Institute of Taxation. It was supposed to discuss the recent changes introduced by Finance Act 2017 but as many clauses had been removed due to the General Election, the format was partly changed. However...

HMRC Tax Revenues on the Up

HMRC has recently published its Annual Report and Accounts 2016/17 and whilst the department maybe congratulating itself in some of its achievements, some of its claims must be tempered by what the National Audit Office have to say.For the fourth consecutive year, HMRC brou...

Can Your Company Pay Your Mortgage?

Salary sacrifice arrangements, whereby an employee benefit was funded through a reduced salary to give rise to NIC and tax savings, were curtailed from 6th April 2017 following the changes introduced by the new Operational Remuneration Arrangements (OpRA) rules.Many employe...

No Clear View of Employment

In one of those unusual cases where a self-employed individual claims to be an employee, Malcolm Tomlinson failed to persuade the First Tier Tax Tribunal that he was an employed double-glazing salesman.Mr Tomlinson worked as a glazing salesman for more than 35 years selling...

Government Listens Over MTD

Late last week Paymaster General, Mel Stride, issued a written statement confirming that Finance Bill 2017 will be introduced as soon as possible after the parliamentary summer recess, containing provisions that had to be withdrawn before the General Election.One of those w...

A round-up of The Taylor Review of Modern Working Practices

Yesterday, the long-awaited Taylor Review of Modern Working Practices was unveiled. And as expected, there was plenty to get our teeth stuck into when examining the effect it could have on UK freelancers and contractors.The general consensus is that the Taylor Review values...

HMRC Update Off-payroll Guidance

Two of HMRC’s IR35 guidance notes, ‘Off-payroll working through an intermediary’ and ‘Off-payroll working rules for public authorities’ have recently been updated. The former now includes some brief information about IR35 in the public sector and the...

Full Time for EBTs

The Supreme Court last week ruled unanimously that payments made by [formerly] Rangers Football Club Plc to its players via employee benefit trusts (EBTs) were taxable income, bringing to an end a long running saga.Between the period 2001 – 2010, HMRC argued that Rangers ...