HMRC have published a consultation document on payrolling benefits in kind. The idea is that payrolling benefits in kind would remove the need for employers to complete P11Ds. Whilst this may seem like a good idea, particularly to HMRC, who would save massive administrative costs, there are many potential problems. For example, how would a […]

The limits on payments and awards made to workers in certain employment rights cases rose from 1 February 2008. The increased limits affect: statutory redundancy payments; the basic and compensatory awards for unfair dismissal; the limit on guarantee payment made when employees are not provided with work; and, the minimum basic award for unfair dismissal […]

On returning to work in the New Year, many will be reaching for the travel brochures to plan their next holiday getaway. Now would be a good time to ensure that your employees (or your own) holiday entitlement has been correctly calculated.  The minimum statutory holiday entitlement was raised from 20 days to 24 days […]

HMRC have advised that they are about to issue PAYE tax codes to employees for the 2008/09 tax year. If you receive a coding notice it is worthwhile letting us have a copy for checking if you have any concerns. Employees who have the use of a company car may find they are worse off […]

The Health and Safety Executive (HSE) have announced that they will run a workplace slips, trips and falls campaign in February and March this year. The campaign, which is called Shattered Lives, is aimed at workers who are most at risk of a slip, trip or fall in the workplace. These include not surprisingly construction […]

HMRC are running a series of workshops on the online completion of end of year PAYE returns. You can HMRC have apologised for a problem that they have identified with the self assessment tax return. The problem apparently only relates to tax returns submitted prior to 31 October 2007 where the taxpayer asked for any […]

HMRC are running a series of workshops on the online completion of end of year PAYE returns. You can use the link below to see when sessions are running in your area. The end of year forms P35 and P14, which include details of amounts paid to employees as well as deductions made under the […]

From 15 December 2007, the Money Laundering Regulations 2007 require certain businesses to have systems in place to prevent money laundering and report suspicious transactions. These regulations replace the previous ones which have been in force since 2004. Not all businesses have to operate the regulations but most UK financial businesses (banks, building societies, money […]

Following the Pre-Budget Report announcement that HMRC would be reviewing the rules on residence, HMRC have issued some draft legislation which is expected to take effect from 6 April 2008. The tax treatment and conditions that need to be satisfied for an individual to be non-resident and/or non-domiciled are complex. The aim of the proposed […]

In the Pre-Budget Report in October 2007 the Chancellor, Alistair Darling, announced a series of changes to the capital gains tax (CGT) regime for individuals and trustees. These changes included the abolition of taper relief and indexation relief and the introduction of a single rate of CGT of 18%. The changes take effect from 6 […]