tax relief abolition

Further consultation on abolition of tax reliefs

By Payroll-help

HM Treasury does not have enough information on the reliefs being considered for abolition and is seeking clarification from interested parties on the extent to which they are currently being used. The Office of Tax Simplification (OTS) is tasked by the Treasury with simplifying tax reliefs and small business taxation (including the IR35 rules). In [...]

HMRC focusing on compliance, new HMRC Advisory fuel rates and Consultation on abolition of 36 tax reliefs

By Payroll-help

Ian Congreave, who normally writes this Newsletter is taking a well-earned break and I am covering for Ian for the week. The message coming from HMRC is definitely one of “focus on compliance”, see for yourself by clicking on the latest news link from the HMRC Home Page you will notice that all of the [...]

Consultation on the abolition of certain tax reliefs

By Payroll-help

On 27th May, HMRC launched the promised consultation on the abolition of certain tax reliefs announced By George Osborne at the time of the Budget in March. This resulted from a report produced by the Office of Tax Simplification (OTS). The OTS identified over 1,000 different individual exemptions, most of which are obscure and little [...]

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Payroll Update 2013