Government decision to keep salary sacrifice open for further six months causing HMRC confusion
New version is "a different beast entirely" compared to individual CIC plans, says Alan Lakey
Companies have one month to prepare for new regulations coming into force in April
Chancellor Philip Hammond has written to the Office of Tax Simplification (OTS) to request a review of inheritance tax (IHT) with a view to simplifying the current regime.
Mazars' has produced a wishlist for the budget, including reducing the rate of insurance premium tax (IPT) to 0%.
Financial advisers are among the small and medium size businesses being "aggressively" targeted by HMRC for VAT payments, contributing to a 10% jump in VAT taken from SMEs in the last year, according to a national accountancy group.
HM Revenue and Customs (HMRC) has published its proposals for the tax relief to be applied to employer funded return to work interventions.
Proposals by HMRC to change the taxation system for employee benefits and expenses have been welcomed by the Low Incomes Tax Reform Group (LITRG).