Newsletter 88

Headlines from our latest newsletter.  Please click on any of the links below for more information:

CHANGES TO THE CONSTRUCTION INDUSTRY SCHEME (CIS)

The government has announced that it will implement a package of improvements to the CIS. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-88#Changes

VAT AND DIGITAL SERVICES

HMRC have issued some additional guidance for small businesses which supply digital services to consumers in other EU Member States. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-88#VAT

1,773 ‘HAPPY RETURNS’ AT CHRISTMAS

HMRC have reported that they received 1,773 online tax returns on Christmas Day, with the busiest time for online returns on 25 December between midday and 1pm, when 148 Yuletide returns were delivered electronically. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-88#Christmas

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. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-88#Holiday

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’. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-88#Tax

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. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-88#Solicitors

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. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-88#RTI