The government has confirmed it will be "taking forward" almost all of the recommendations made by the Office of Tax Simplification (OTS) addressing the taxation of employee benefits and expenses.
The government is to consult on four of the main simplifications outlined in the Office of Tax Simplification's (OTS) review of employee benefits and expenses, including the payrolling of P11Ds.
HM Revenue and Customs (HMRC) will receive further powers to tackle pensions liberation in the Finance Bill 2014.
The Childcare Voucher Providers Association (CVPA) has slammed the government's proposals for operating its new tax-free childcare which would effectively close the whole industry within a few years.
The government has raised the limit on childcare support to 20% of costs up to £10,000 per year for each child - the equivalent of £2,000 of support per child per year.
HM Revenue and Customs (HMRC) may move to prevent high net worth savers from circumventing the lifetime allowance (LTA).
Most Buzz respondents could not identify significant failings in what schemes were doing to alert members who might exceed their lifetime allowance.
Danish pension provider ATP has won a landmark European court case on value-added tax (VAT) for defined contribution (DC) management charges.
Employers could be administering benefits through their payroll and eradicating up to 99% of P11Ds if a proposal by the Office of Tax Simplification (OTS) is implemented.
HM Revenue and Customs has announced measures to help defined benefit (DB) schemes handle the administration associated with the abolition of contracting out.