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Auto-enrolment: the first deferral

April 8, 2016May 13, 2021

The Autumn Statement revealed more evidence that the government is counting the cost of tax relief on pension contributions. When auto-enrolment into workplace pensions started in October 2012, the legislative…

Corporate tax avoidance deal signed by 31 nations

April 5, 2016May 13, 2021

Legislation to stop companies using complicated tax arrangements to avoid paying corporate tax has been agreed by 31 members of the Organisation for Economic Co-operation and development (OECD). This move…

And the winner for retirement savings is…

April 1, 2016October 28, 2021

The Office for National Statistics (ONS) has been looking at attitudes to private savings. Which one of the options below do you think would be the safest way to save…

Government proposes relaxed taxing of benefits-in-kind

March 29, 2016May 13, 2021

At the end of last year, the government said that the rules on taxing benefits-in-kind for employees are going to be relaxed from 6 April 2016, following the next Finance…

Buy-to-let: a future tax trap?

March 21, 2016May 13, 2021

A close reading of the summer Finance Bill has highlighted a further tax consequence of the government’s moves to limit tax relief for interest on buy-to-let mortgages. The July 2015…

HMRC launches online tax accounts

March 15, 2016May 13, 2021

HM Revenue & Customs (HMRC) are attempting to modernise the country’s tax system as part of a digital strategy. HMRC has launched its services for online tax accounts which will…

Auto-enrolment penalties surge

March 11, 2016May 13, 2021

There was a marked increase in the number of businesses fined for not complying with auto-enrolment pension rules between October and December last year. Since auto-enrolment started in 2012, 5.8…

Landlords hit back on new buy-to-let proposals

March 7, 2016May 13, 2021

Following the government’s proposals to increase tax on buy-to-let properties, investors have challenged these measures and have raised their funding target of £50,000 for a judicial review in just one…

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