Issue: Vol 173, Issue 4435

Minimising inheritance tax on family assets

False self-employment is again being targeted. Advisers should respond to the latest HMRC consultation

Recent changes to the employment-related securities guidance

Who pays what when considering settlor-interested discretionary trusts, and who is repaid what?

...PAYE enquiry; Property purchases

A UK businessman lives in the south of France and spends about six weeks working in the UK each year. The company provides accommodation and a car during these visits

A business is likely to make substantial investments in plant and machinery in the period towards the end of 2014, before the annual investment allowance reverts from the temporary limit of £250,000...

A client is generating electricity at his residential property and receives up to £6,000 per quarter as a feed-in tariff. There is no income tax liability if the sale of electricity does not...

A client’s will contained a nil-rate band discretionary trust clause and the residue of  the estate was left to the widow of the deceased. The estate is below £325,000 and there is doubt as to the...

Employees with outstanding class 2 National Insurance contributions (NICs) from previous years may find the debt included in their PAYE code for 2014/15. HMRC can collect overdue NICs by adjusting a...

Special rules apply under the IR35 regime if intermediaries were unable to finalise timely calculation of deemed end-of-year payments to PAYE and National Insurance (NI) contributions. Intermediaries...

The government is to allow savings kept in a child trust fund (CTF) to be transferred to a junior ISA from April 2015. The move follows an HM Treasury consultation that received 761 responses, the...

Offshore intermediaries HMRC have published draft guidance as part of the consultation on proposals to strengthen legislation where there is an offshore employment intermediary. A technical note and...

HMRC have published guidance on the stamp duty land tax (SDLT) treatment of de-enveloping transactions, which are expected as firms move to duck the new annual tax on enveloped dwellings...

HMRC’s trusts and estates section has made changes to its inheritance tax (IHT) compliance checks in an effort to streamline the process and encourage collaborative working with taxpayers. The Revenue...