19 Jun 2018 | Tax Article
June • #04 The Office of Tax Simplification (OTS) have been tasked with carrying out a review of Inheritance Tax (IHT) with a view to simplifying how the tax operates. IHT is perceived to be complicated and currently yields a relatively small amount of tax compared to...
19 Jun 2018 | Tax Article
June • #03 HMRC have confirmed that no further MTD for business changes will be brought in before 2020 at the earliest. The Treasury set out its revised priorities for current digital transformation projects, to make room for the additional demands on its resources of...
19 Jun 2018 | Tax Article
June • #02 Last month, we reported that the Enterprise Management Incentives (EMI) share option scheme lost its EU State Aid approval on 6 April 2018. The consequence of loss of approval being that the tax advantages of such options was temporarily withdrawn. On 16...
19 Jun 2018 | Tax Article
June • #01 As mentioned in the Autumn Budget, the Government has opened a consultation into a possible extension of the rules that currently apply to “off-payroll” workers in the public sector to the private sector. This consultation is being undertaken at the same...
19 Jun 2018 | Tax Article
June • DIARY Main Tax Events • June & July 2018 1st June Corporation tax for year to 31/08/17. (unless quarterly instalments apply) 19th June PAYE & NIC deductions, and CIS return and tax, for month to 05/06/18. (due 22/06/18 if you pay electronically) 1st...