A BBC presenter has failed to convince the Upper Tribunal that her work was outside the IR35 rules. Why does this ruling have a significant impact and what key aspect of the decision do contractor
clients need to know about?
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You have just taken on a new client who is a beneficiary of an offshore trust. They have received capital distributions from the trust but have not reported these to HMRC. Do they have a tax problem?
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A client is selling land which they have opted to tax. The buyer, a housing association, intends to issue a certificate to disapply the option. Will this have consequences for your client and is
there an alternative you can suggest?
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The agent forum is now the main way for you to raise general, i.e. non-client specific, issues with HMRC. It’s just been revamped, so what do you need to know to use it effectively?
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One of our subscriber’s clients is helping a local charity with a project. The company is undertaking the work for free but will bear the cost of materials and the employees involved. Can they deduct
these expenses in their accounts?
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The help to buy ISA is a relatively new type of savings account. Despite this, the scheme will close to new applicants on 30 November 2019. Why should you be bringing this deadline to your clients’
attention?
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Your company client usually pays large employer pension contributions for its directors but doing this now will cause a loss to arise. Is it still worthwhile to do so, or should alternative
arrangements be made?
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Your retailer clients do not need to issue a tax invoice for every sale they make. VAT is instead calculated by using a retail scheme. But how can they ensure they don’t overpay or make mistakes with
records?
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Tax problems during major life events..OTS. The Office of Tax Simplification (OTS) has completed a report on tax problems that can arise as a result of major turning points in life. The report (see
Follow up ) looks at the tax implications of events like starting work, changing jobs or multiple jobs; saving for and drawing pensions; tax education; helping...
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2019 Budget scrapped..Election. The 2019 Budget has been scrapped. This means the Finance Bill 2018/19 won’t be confirmed until later on. It’s unclear whether this will lead to any delays in
introducing key tax changes, such as the change to lettings relief due to start from April 2020. We will keep you informed of any such delays. .There will now...
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