In Essack, the FTT decided that a payment to surrender a share option fell within ITEPA 2003 s 401 because it arose on the termination of employment. This seems at odds with HMRC’s guidance and another tribunal decision, writes Nigel Doran.
HMRC needs to do more to demonstrate that the revenue protection it claims for the IR35 legislation outweighs the costs it imposes, says the House of Lords Select Committee on Personal Service Companies in a recently published report
Amanda Flint considers the relevant measures, including those on share incentives, dual employment contracts, employment intermediaries and pensions
The Association of Taxation Technicians (ATT) has expressed disappointment at the Budget announcement that the collection of class 2 NIC should be brought within the self-assessment system.
The NIC status of payments by an employer to a third party, such as a pension fund or insurance company, for an employee’s benefit has been litigated for over a decade and produced widely divergent judicial opinions. With the Supreme Court judgment in HMRC v Forde and McHugh Ltd, we now at last have clarity, say Dan Pipe and Nigel Doran
PAYE and pilots
The Bill was given its third reading by the House of Lords on 25 February 2014. It now awaits royal assent. The Bill extends the application of the GAAR to NIC so that abusive NIC arrangements are caught by the GAAR.
Deductibility of travel expenses
Is a car leased to an employee a ‘benefit’?
Following the revelation that 1970s pop group ABBA ‘wore outrageous outfits to avoid tax’, David Heaton takes a look at the expense deduction rules for employee uniforms