How to challenge fines for late submission of PAYE and CIS returns
The Office of Tax Simplification (OTS) has published a series of questions as part of its review of employment status.
The body says it is keen to receive comments on the complexities of employment status from businesses and individuals, as well as from representative groups and professional tax advisers.
Views are sought on changes to working patterns over recent decades, dealings with HMRC, and the tax system’s compatibility with employment law and current working practices.
Issue 18 in summary
Tax-debt recovery based on graduated scale
HMRC have announced the end of IR35 compliance checks, only two years after they were introduced.
The abolition of risk-based business entity tests (BETs) will take effect on 6 April 2015, following a review by tax professionals. The IR35 Forum, the Revenue’s external group of advisers on intermediaries legislation, found the voluntary checks – launched in 2012 – were not widely used and were not fulfilling their purpose of assessing whether or not IR35 applied to taxpayer firms.
PSC Photography Ltd (TC4039)
Is a privately-owned or company-owned car more tax advantageous?
G Forsyth (TC4029)
Employer Bulletin 50, the October 2014 edition of HMRC’s bi-monthly update, includes articles on issues including real-time information penalties, PAYE payment deadlines, vans benefit charge, the student loan threshold, and HMRC helplines. Extracts follow.
HMRC have made some changes to the employment payment summary (EPS).
Radical recommendations from the Office of Tax Simplification on relief for termination payments
The Upper Tribunal’s decision in Julian Martin, concerning an employment loss
Highlights from the event held at Baker Tilly’s Bloomsbury offices