& Customs (HMRC) has published a revision of its IR20 booklet, which
covers liability to tax in the UK for residents and non-residents.
The April 2008 edition of booklet IR20 will act as interim guidance.
Amendments have been made to reflect developments since the original version
was published in December 1999, changes to cross referenced material and changes
to contact points arising from the merger of HMRC, TaxationWeb.co.uk
HMRC expects to publish a full replacement guidance, covering any changes to
the residence and domicile rules resulting from the 2008 budget when they have
been approved by Parliament and included in the 2008 finance act.
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer