New toolkit on handling domestic abuse
Public Health England (PHE) and Business in the Community have published a new toolkit to help employers support workers who are affected by domestic abuse.
One in four women and one in six men suffer from domestic abuse in their lifetime and domestic abuse apparently costs businesses £1.9 billion ... read more
Rent-a-room relief to be modified
The publication of the draft Finance Bill 2018-19 includes legislation to change the way the rent-a-room relief scheme works. Following last year's Budget, a consultation was launched by HM Treasury to examine the design of the rent-a-room scheme.
When the relief was first launched it was intended ... read more
Beneficiaries of tax exempt pension benefits to be extended
The draft Finance Bill includes a new measure that will help modernise the tax treatment of employer paid premiums for the provision of death in service life assurance products for their employees.
Currently, these premiums are only tax-exempt if the named beneficiary is a member of the ... read more
Rules for use of taxable cars and vans to be updated
The Finance Bill 2018-19 draft clauses include new measures that will address two anomalies in the Optional Remuneration Arrangements (OpRA) rules.
These measures will:
ensure that when a taxable car or van is provided through OpRA, the amount foregone, which is taken into account in working ... read more
Draft clauses for forthcoming Autumn Budget are published
The Finance Bill 2018-19 draft legislation was published on 6 July 2018. The Bill which runs to 226 pages (with a further 143 pages of explanatory notes) contains the legislation for many of the tax measures that had previously been announced by the government as well as new initiatives.
The ... read more
Change to evidence required for employee expenses
A new measure to remove the requirement for employers to check receipts for expense claims made by employees using the HMRC benchmark scale rates or overseas scale rates is to be introduced.
The benchmark scale rates can be used by employers to reimburse staff for subsistence expenses when they ... read more
Non-UK resident property companies to be charged Corporation Tax
The government is to move forward with plans to charge Corporation Tax to non-UK resident companies with property income. Currently, these companies are chargeable to Income Tax and not UK Corporation Tax.
This change is part of the government's aim to ensure that all companies are subject to the ... read more
Technical change to Entrepreneurs’ Relief
Entrepreneurs' Relief applies to the sale of a business, shares in a trading company or an individual’s interest in a trading partnership. Where Entrepreneurs' Relief is available CGT of 10% is payable in place of the standard rate. There are a number of qualifying conditions that must be met in ... read more
EU Settlement Scheme
The government’s response to the Home Affairs Select Committee’s report on the delivery of Brexit, published in May 2018, committed to providing further details about the proposed EU Settlement Scheme in the next few weeks. The scheme is the new settled status scheme for EU nationals who are ... read more
Spousal tax reliefs for unmarried couples?
In a unanimous decision, the Supreme Court has decided that the law preventing opposite sex couples from entering into a civil partnership breaches the European Convention on Human Rights (ECHR). The appellants in this long running case are an opposite sex couple with a conscientious objection to ... read more