HMRC

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

Trustees are still ‘none the wiser' following a High Court test case into suspected liberation vehicles, a lawyer warns.

HM Revenue and Customs (HMRC) has made its scheme registration process more stringent in an attempt to prevent pension liberation fraud.

Sponsoring employers need to review their scheme VAT processes and make protective claims against HMRC following a ruling by the Court of Justice of the European Union (CJEU), Xafinity urges.

It was a similar story on how the industry thinks The Pensions Regulator (TPR) will fare when the number of employers staging really takes off next year. The percentage of contributors who think the watchdog will be unable to cope fell from 55% 12 months...