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In brief: IR35; GOV.uk; car reporting; interest rate; avoidance; charities; class 2 NI

17 February 2015
Issue: 4489 / Categories: News

IR35

The HMRC-led IR35 forum has published its final administration review.

GOV.uk

HMRC have followed up their move to GOV.uk with a blog entry on how their What’s New section will work on the platform.

IR35

The HMRC-led IR35 forum has published its final administration review.

GOV.uk

HMRC have followed up their move to GOV.uk with a blog entry on how their What’s New section will work on the platform.

Car reporting

An online trial has been launched by HMRC to allow company car drivers to make changes to car and fuel benefits that will affect their tax codes and no longer have to wait for HMRC to update their code.

Official interest rate

The official rate of interest used to calculate the income tax charge on beneficial loans will be 3% for 2015/16. The rate for the current year is 3.25%.

Anti-avoidance

HMRC have published guidance on FA 2014, sch 34 to sch 36, “tax avoidance schemes: promoters”. It explains the new rules which are intended to deter the development and use of schemes by influencing the behaviour of promoters, their intermediaries and clients.

Charities online

New charities can now register their details online with HMRC. The digital service has in-built checks and guidance to help organisations provide the right information and supporting documentation so HMRC can confirm their tax status.

Class 2 NI

Draft regulations that introduce provisions for the collection and payment of class 2 National Insurance through self assessment have been published for comment.

Issue: 4489 / Categories: News
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