ICAEW welcomes the opportunity to respond to the consultation on the draft Social Security (Contributions) (Amendment No. X) Regulations 2020 that will enable employers and testimonial committees to report and pay in real time Class 1A National Insurance Contributions on termination awards and sporting testimonials published by HMRC on 16 October 2019.
2019 Tax Representations
We publish our responses to consultation exercises by the revenue departments as tax representations. They are numbered sequentially in the year of publication, ie ICAEW REP number/year Title.
Practical questions submitted on 13 December by the Tax Faculty to HMRC. Superseded by TAXguide 08/20.
A response dated 12 November 2019 to a consultation published by OECD on 9 October 2019.
A response dated 2 December 2019 to a consultation published by OECD on 8 November 2019.
A response dated 2 December 2019 to a consultation published by the Scottish government on 9 September 2019.
ICAEW REP 119/19 How to eliminate tax underpayments for employees paid weekly, fortnightly, or four weekly
A suggestion by ICAEW Tax Faculty submitted on 20 November 2019 by ICAEW Tax Faculty to HM Revenue and Customs and the Office of Tax Simplification.
A response dated 14 November 2019 to a consultation published by IASB in July 2019.
A response dated 1 November 2019 to a consultation published by DHSC on 11 September 2019.
ICAEW's Tax Faculty responded to HM Treasury's invitation for comments ahead of the proposed 2019 Budget. The response recommended that the Government should prioritise steps to ensure the UK remains a competitive place in which to invest and do business. Business needs certainty and we recommend minimising change in the short term, while continuing to build the road maps for future policy implementation. It is particularly important that any policy announcements are accompanied by an analysis of the IT changes which will be needed, how these will be delivered, and at what cost. Although the forthcoming General Election means this Budget is now cancelled, our comments remain pertinent to the plans of a future government.
A response dated 10 October 2019 to a consultation in particular the draft guidance and legislation published by HMRC on 22 July 2019.