Ministers are expected to propose allowing IT companies and others with proportionately large share option schemes to pass on their liability for NICs to employees when they exercise their options. But shadow Treasury minister Howard Flight warned it would land beneficiaries in Britain’s key growth industry with a combined CGT and NICs rate of 52.5% on the proceeds.
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC
An examination by the Public Accounts Committee (PAC) has revealed serious concerns relating to HMRC’s plans