TaxPersonal TaxHelpline boost for payroll.

Helpline boost for payroll.

Revenue explains new tax and NIC rules; CIoT comments on Finance

Inland Revenue[QQ] The Revenue has created a New Enterprise Support Initiative (NESI). This consists of a telephone helpline dedicated to new and small employers, and locally based business support teams who offer help and advice on all aspects of payroll. (Press release, 11 May 2000.) The Revenue has posted, on its website, an invitation to comment on draft regulations and a statement of practice on tonnage tax. The Revenue has also issued leaflet ‘IR175 – Supplying services through a limited company or partnership’, which explains the new tax and national insurance contributions rules being introduced from 6 April 2000. The Inland Revenue’s home page can be found at www.inlandrevenue.gov.uk English ICA Tax Faculty The Faculty has submitted comments to the Revenue’s tax law rewrite team on the draft capital allowances Bill (TAXREP 16/00), the chancellor on the Finance Bill (TAXREP 17/00) and government on the Grabiner report (TAXREP 18/00). Copies of the first two are available by phoning the English ICA on 01908 225122, faxing 01908 226594 or e-mailing: VWood@icaew.co.uk. The Tax Faculty is open to all chartered accountants. Anyone interested in joining the Faculty should call 020 7920 8646. The Tax Faculty’s home page is www.taxfac.co.uk. The Chartered Institute of Taxation The institute has made its representations on the Finance Bill 2000 (11 May 2000). For more information, contact the Technical Department on 0207 235 9381 or visit the Institute’s website at: http://www.tax.org.uk.

Related Articles

HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

4m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter
HMRC tax evasion assistance requests double in five years

Corporate Tax HMRC tax evasion assistance requests double in five years

5m Emma Smith, Managing Editor