The new rules complement the modernisation of the legislation in the 2003 Income Tax (Earnings and Pensions) Act.
Paymaster general Dawn Primarolo told MPs: ‘There will be no change in practice for employers and employees generally. But those who do use the regulations will find them clearer and more consistent.’
The project to rewrite the tax law has been underway for more than six years, with the aim of making tax easier to understand and therefore more usable.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy