At the end of term, it is becoming more likely that parents will give presents to the teachers of their children. Some of the presents are quite valauble, and advice is required on whether an income tax or National Insurance contributions liability will arise
Mansworth v Jelley enquiries: is there an argument for legitimate expectation?
HMRC have set up a dedicated team to identify the cause of difficulties for PAYE schemes in reconciling the difference between the tax the department says is due and that which the employer believes is due.
The team is working with schemes through their examples to examine what is causing the discrepancies, with the aim of finding resolutions.
The Revenue hopes the new set-up will form understanding of the issue in greater depth, and lead to steps necessary to prevent the problems arising in future.
Employers are risking problems for their workers by entering 0.00 in the field for annual amount of occupation on the full payment submission (FPS) in cases where no occupational pension is paid, the Revenue has warned.
Experiences of a practitioner and small business suffering under the weight of real-time information
Claygold Property Ltd (TC2717)
Benedict Manning (TC2666)
It is important to keep alert to the changes relating to company vehicles
ITV Services Ltd v CRC, Court of Appeal
The trouble with registering a company as an annual PAYE scheme
HMRC have issued a reminder to employers about recording the correct number of hours employees have worked, to ensure they receive the benefits and tax credits to which they are entitled.
Employers should select “D other” only if the worker does not have a regular pattern of employment or the payment relates to an occupational pension or annuity.
Otherwise, the hours worked should be recorded as follows:
Submission by 4 August will cancel penalty notices for employers