Tax News

Mazars tax news covers everything tax related in the UK from, VAT to the latest HMRC rulings.

Find monthly updates on taxation in the UK, or search through the archive of our news. For the most up to date tax news and opinions on taxation in the UK, follow our Let's Talk Tax blog:

Let's Talk Tax

Chancellor's U turn on NIC rises

March 15.

Today the Chancellor announced a U turn on the proposed Class 4 NIC rises from last week's Budget. This was primarily in response to a backbench backlash accusing him of breaking a general election manifesto commitment. The plan to increase NIC for self employed has now been dropped and is unlikely to resurface during this Parliament.

Are you ready for the 2016/17 expenses and benefits reporting season?

Our clients tell us it is becoming increasingly challenging to manage employment tax risk and reporting obligations. This year promises to test even the best prepared employers given the unprecedented scale and rate of changes to consider. Combined with a more active and vociferous HM Revenue & Customs (HMRC) approach to employment tax compliance and tax avoidance, it is more important than ever for in-house employment tax specialists to ensure that their systems and processes are robust. We work in collaboration with our clients to help them understand their payment and reporting obligations and help implement positive change.