Pension salary sacrifice & new minimum wage rates
The National Minimum and National Living Wage (collectively referred to as “NMW”) rates are increasing from 1 April 2022.
Insights on all areas of taxation to help businesses and individuals remain up to date with changing legislation that may impact their position.
Tax Governance
With an increasing focus on tax transparency, it is critical that businesses be seen to be acting on the front foot to avoid unwanted scrutiny and the financial penalties that can come with it.
Transfer Pricing Documentation
30 November 2021 Following the public consultation on transfer pricing documentation, the government has decided that it will legislate to require the largest businesses to maintain a master file and local file, and a supporting summary audit trail, to take effect from April 2023. The government will not introduce an International Dealing Schedule but will keep this policy area under...
Plastic Packaging Tax (PPT): A summary
As announced in the 2018 Budget, the UK government is implementing a tax on plastic packaging on 1 April 2022. This is part of a targeted plan to move away from waste that is bound for landfill or incineration.
NMW update: optional work-related expenses
Unreimbursed work-related expenses incurred at the choice of a worker will now reduce their pay for National Minimum Wage (NMW) purposes, following the impact of a recent decision made by the Employment Appeal Tribunal.
An unwelcome Notice
The Follower Notice regime refers to a notice issued by HMRC to taxpayers who took part in avoidance schemes that have been determined by previous court rulings to be ineffective, the validity of these notices has come into question following a recent court case.
Application of Most Favoured Nation clause
Most Favoured Nation (“MFN”) provisions generally exist to prevent countries from discriminating against other countries through the use of clauses in free trade agreements and double tax treaties.
CJRS and furlough suppport for employers
With over 200 changes to HMRC’s guidance and numerous Coronavirus Job Retention Scheme (CJRS) Treasury Directions published, navigating compliantly through the maze of the CJRS has not been easy.
Don't forget your reporting obligations
With the 2020/21 tax year now over, employers should consider if they have any reporting requirements in respect of Benefits in Kind (“BIK”), expenses or Employment Related Securities.
Managing risk and enhancing employee engagement
Key ways businesses can manage risk and enhance employee engagement in 2021/22, including home working, travel, and training recommendations.
Tax Governance - a new fad?
Tax Governance is a “hot topic”, but what does it actually mean? Is it a topic of only passing interest or is it of significant importance here to stay?
Employer Tax Calendar 2021-22
Download our Tax Calendar to remain compliant with employment tax in the new financial year.
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