The new tax and National Insurance (NI) rules on offshore employment intermediaries will take effect from 6 April.
With regard to offshore intermediaries:
Download the Tolley Tax summary
Each Taxation writer provides a tetrad of analyses of the chancellor’s announcements
Employers face penalties at the end of the 2013/14 if they should have started using the real-time information (RTI) system but have not yet done so, HMRC have warned.
The department urged firms to act immediately, having already issued letters in June and September 2013 to urge employers to start reporting PAYE in real time as soon as possible.
CRC v Apollo Fuels Ltd and others, Upper Tribunal (Tax and Chancery Division)
HMRC have fixed a problem with their business tax dashboard that caused employment records to merge on the department’s systems.
The error hit some firms that employed a work to do more than one job within the same PAYE scheme, and resulted in erroneous consolidation of the separate employments.
Affected accounts were incorrect on the business tax dashboard – but the Revenue has updated the employer records, which will be displayed as follows:
Aspect Capital plc v CRC, Upper Tribunal (Tax and Chancery Division)
L Howard (TC3154)
Peebles Baptist Church (TC3204)
Claiming a construction industry scheme refund can be an overlong process
By David HJ Cohen; £65; paperback; 209 pages; Bloomsbury Books
HMRC are set to close all open periods of contracting out on taxpayers’ National Insurance (NI) records. The move will be to supply individuals with details of their occupational pension rights when contracting out ends in April 2016.