Trustees making scheme registration enquiries to HM Revenue and Customs (HMRC) before making transfers have faced up to a five-month wait, PP can reveal.
Naomi Rainey looks at the issues around FP14 and IP14 for employers and trustees
Naomi Rainey explores difficulties schemes will face due to HMRC’s interpretation of an ECJ ruling
HM Revenue and Customs (HMRC) has amended its value added tax (VAT) rules to allow defined benefit (DB) sponsors to reclaim input tax in some circumstances.
The leaders of the Office of Tax Simplification's review of the employee benefits and expenses system believe their "radical" recommendations will clean-up the current "complex and burdensome" rules and processes.
HM Revenue and Customs (HMRC) needs to take a more collaborative approach when dealing with employee benefits and expenses, the Office of Tax Simplification (OTS) says.
The Office of Tax Simplification (OTS) hopes to reduce the number of P11Ds used by employers by as much as 99% as a result of its recommendations for simplifying the reporting and taxing of employee benefits and expenses.
The Office of Tax Simplification has suggested more than 20 measures which it believes could substantially simplify the taxation and administration of employee benefits and expenses.
Jack Jones examines the effect of the FRC’s warning over asset-backed contributions
Naomi Rainey looks at where HMRC and the High Court’s actions leave trustees