D McWhinnie (TC2977)
By John Woolley; £94.50; paperback; 459 pages inc. index; Claritax Books
Harding v CRC, Upper Tribunal (Tax and Chancery Chamber)
HMRC have announced new fuel rates for company cars (below), to be applied to all journeys on or after 1 December 2013 until further notice.
Employers may use either the previous or new figures for one month from the date of change, and can make or require supplementary payments but are under no obligation to do either. Petrol hybrid cars are treated as petrol for this purpose.
The amounts can be used for VAT, but employers will need to retain receipts, the Revenue warned.
HMRC have published two draft documents as part of the National Insurance (NI) Contributions Bill: arrangements for claiming the employment allowance from 6 April 2014, and regulations for offshore employers and oil and gas workers on the UK continental shelf.
The arrangements set out how employers will be able to claim the allowance of up to £2,000 against their secondary class 1 NI liability.
An international sportsman owns a retail shop in the UK, but spends only about 100 days in the country each year. He lives with his mother when in the UK. The shop is managed on his behalf, and he has increasing sponsorship income
A client runs a consultancy business through a limited company. The PAYE scheme has been cancelled, so could his National Insurance contribution record be protected by the payment of class 2 rather than class 1 contributions?
A client works as a surveyor, his income substantially from one customer
The cases of Tower Radio and Aberdeen Asset Management are further evidence of a shift in the courts against avoidance
Employers are being given the chance to settle open enquiries into the use of employee-financed retirement benefit schemes (EFRBS) arrangements by agreement and without needing to take part in litigation.
Firms have until 31 December 2013 to consider the two options offered by HMRC:
K Okeke (TC2957)
HMRC have issued Revenue & Customs Brief 35/13 to set out the official position on the liability of entertainers to pay National Insurance (NI) contributions, subject to the proposed changes in the Social Security (Categorisation of Earners) Regulations being approved by parliament.