Financial Reporting Standards
Insolvency and Recovery
Risk Consulting - Financial Services
Tax for Private Clients
VAT and Customs Duty services
Life Sciences and Healthcare
Mining and Energy
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Technology and Media
Corporate Social Responsibility Commitment
Diversity and Equal Opportunities
Gender Pay Report
Taking our women further
Disguised remuneration: HMRC revises settlement terms
On 1 June 2018, HMRC announced that it will continue to allow taxpayers who took part in a disguised remuneration arrangement to register an interest in settling their tax affairs. The settlement opportunity was originally announced on 7 November 2017, and at that time HMRC set a deadline of 31 May 2018 for taxpayers to register. The 31 May 2018 deadline has now been removed.
HMRC continues to require the provision of all necessary information by 30 September 2018. However, the updated guidance suggests that that deadline is not absolute; HMRC warns taxpayers that if the information is provided after 30 September 2018, it may be too late to agree settlement terms before the loan charge arises on 5 April 2019.
PAYE Settlement Agreements
Employers will no longer have to renew their PSAs annually, unless varied or cancelled by the employer or HMRC.
Draft Finance Bill 2018-19: Key Points
An update on the Government’s draft Finance Bill published on 6 July 2018.
Partner, Head of Share Plans and Employment Tax
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