HMRC publishes guidance on 'business entity' test for when contractors will be taxed

Advanced Manufacturing & Technology Services New guidance intended to clarify the risk that a contractor will be caught by a controversial anti-avoidance rule aimed has been published by HM Revenue and Customs (HMRC). 11 May 2012

Tax arrangements for cross-border workers to be investigated

The European Commission is to investigate member states' tax provisions to ensure that they do not discriminate against cross-border workers, it has announced. 04 Apr 2012

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Top rate taxpayers to benefit from cut in income tax rates but other proposed tax charges will hit high earners

The 50% additional rate of income tax payable by those individuals earning more than £150,000 per year will be reduced to 45% from April 2013 the Chancellor announced today. However, from April 2013 a cap on income tax reliefs will be introduced. 22 Mar 2012

Shares awarded to employees in 'cash box' companies should be subject to income tax, tribunal rules

Shares awarded to employees in 'cash box' companies as part of an avoidance scheme are 'readily convertible assets' (RCAs) on which an employer must account for income tax under pay as you earn (PAYE), a tribunal has ruled. 09 Feb 2012

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