Graham Buckell explores the changing nature of employment status and the importance of ensuring all advice on employment arrangements takes into account the most recent changes."The last few months have seen a series of court decisions regarding employment status. We...
Bates Weston, helping you to make sense of Making Tax Digital and digital record keepingMaking Tax Digital (MTD) is the phased introduction of digital record keeping by HMRC, who are committed to making the UK tax system “one of the most digitally advanced tax...
This guide looks at some common areas where you and your family can make tax-related choices, in line with the tax law. We have tried to explain the ideas in brief and without jargon, but everyone’s financial circumstances are different, so it is essential that you...
ACT NOW - Do you have clients that are in a disguised remuneration scheme?If you have clients with an EBT or EFRBS arrangement where they have outstanding loans then action is required now. HMRC have introduced legislation to treat all loans outstanding on 5 April...
Defer the grant of EMI options until the UK Government has secured continuing EU State Aid approval from the European Commission. The EU state aid approval on EMI schemes expired on 6 April 2018. If you have clients in the middle of implementing an EMI do not grant...
The Office of Tax Simplification has just published its Business Lifecycle Report. In it, it explores the tax issues which affect businesses as they start up, incorporate, finance growth, succession and disposal or cessation of business. The OTS summary indicates they...
Many taxpayers are unaware of the “Requirement to Correct” legislation which has recently been introduced and has potentially enormous consequences for non-compliance.Richard Coombs, Tax Partner at Bates Weston explains: The legislation is very much targeted at people...
Craig Simpson, Tax Partner at Bates Weston draws attention to the dangers of paying wages to relatives.A recent First Tier Tribunal Case finds that wages paid by a self-employed individual to his son were not deductible for tax purposes. The case of Nicholson v...
When a system is so complex, that it defeats HMRC’s own online system and they resort to asking you to submit your return on paper, alarm bells should be ringing.Graham Buckell, Bates Weston tax partner, sheds some light on the complex interactions between allowances...
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