2015 has arrived and Hallidays have published January’s newswire, a round up of the latest financial news and legislation. Don’t forget to file your self-assessment forms by January 31st!
Changes to the Construction Industry Scheme (CIS)
The government has announced that it will implement a package of improvements to the CIS.
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1,773 ‘happy returns’ at Christmas
HMRC have reported that they received 1,773 online tax returns on Christmas Day.
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Holiday pay and overtime update
We have previously reported that in the judgment an Employment Appeal Tribunal (EAT) decided that holiday pay should reflect non-guaranteed overtime.
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Tax on the diverted profits dubbed the new ‘Google tax’
The government has published draft tax legislation to implement the new tax on diverted profits which has been referred to as the ‘Google tax’.
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Solicitors’ Tax Campaign
Solicitors are being given the chance by HMRC to bring their tax affairs up to date or face tougher penalties, as part of a new tax campaign.
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RTI: filing penalties and appeals
In the latest Employer Bulletin HMRC are reminding employers that they are about to issue penalty notices to those employers who have failed to meet their RTI filing obligations.
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For more information visit Hallidays
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