2021 TAXguides published by ICAEW Tax Faculty.
This guide highlights a change in HMRC’s approach to the treatment of loans made to remittance basis users where assets of the borrower are held by the lender. This TAXguide has been prepared jointly with STEP and the Chartered Institute of Taxation.
Off-payroll working: guidance on clients’ off-payroll working obligations when a contractor works through an intermediary such as a personal service company across borders and/or some of the parties (client, contractor, contractor’s personal service company) are non-UK resident and/or the work is not wholly carried out in the UK, how the ‘host employer’ rules in s689 ITEPA 2003 interact, and the impact of double tax treaties.
Tax Faculty guidance for employers to help ensure that payments to HMRC are allocated to the right place in HMRC’s ledgers.
This TAXguide has been replaced by TAXguide 19/21: Off-payroll working: cross border issues.
This is exclusive item - please log in or subscribe to view this item.
Questions and HMRC’s answers on how to determine whether a trust that uses the services of a contractor provided through an intermediary such as a personal service company is ‘small’ or has a UK connection under the off-payroll working rules.
This is exclusive item - please log in or subscribe to view this item.
Off-payroll working: how to determine the size of a private sector client that uses the services of a contractor provided through an intermediary such as a personal service company.
This is exclusive item - please log in or subscribe to view this item.
Finance Act 2021 introduces a new loss relief allowing trading losses incurred in 2020/21 and 2021/22 to be carried back for relief against trading profits in the preceding three tax years. In this TAXguide Rebecca Benneyworth explains the measure in detail and examines some of the complexities that arise when considering the practical implications of the loss carry back.
This is exclusive item - please log in or subscribe to view this item.
The super deduction, special rate allowance and extension of the uplifted annual investment allowance, were discussed by Steve Watts and Richard Jones in a Tax Faculty webinar on 14 June 2021. This TAXguide provides answers to questions raised in that webinar.
This is exclusive item - please log in or subscribe to view this item.
The government’s COVID-19 financial support schemes give rise to a number of tax issues, separate from the rules that apply to the schemes themselves. This TAXguide, prepared by the Tax Faculty, covers the Coronavirus Job Retention Scheme (CJRS) and the Self-employment Income Support Scheme (SEISS) and is available to all ICAEW members.
This is exclusive item - please log in or subscribe to view this item.
In this webinar Mark Hammerton of Eversheds Sutherland gave practical advice and guidance on determining employment status now the off-payroll working rules have been extended to the private sector, and end-user options for managing contractors.