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Employment Related Securities (ERS) rules apply when shares or similar company interests are given, transferred or sold in connection with someone’s role as an employee or director. This includes situations such as issuing new shares to an employee, gifting shares, transferring shares between directors, or putting loan stock arrangements in
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  • Taxman looking for property deals

    In another initiative designed to boost the treasury’s coffers, H M Revenue & Customs (HMRC) have written to approximately 40,000 individuals who they have identified […]

  • HMRC launch new task forces

    An HMRC taskforce targeting tax dodgers in the road haulage industry in the Midlands has been set up this week. HMRC sets a target level […]

  • Internet VAT rules to change

    Business that trade online should beware, as the VAT man may have you in his sights! In a recently published report, HMRC comment that businesses […]

  • Taxation of Partnerships and LLPs

    Finally HM Revenue & Customs (HMRC)  have published their consultation document on the taxation of partnerships and LLPs. For some time it has been rumored […]

  • Double trouble for partnerships and LLPs

    A consultation document has been published by H M Revenue & Customs (HMRC) attacking LLP members whose terms are similar to those of employees and […]

  • Wake Up Sleeping Partners!

    Following a re-interpretation of the law, HMRC have announced that from 6 April 2013 sleeping partners will be liable to pay National Insurance. A Sleeping […]

  • £1billion VAT Assessment!

    That will be £1billion please! It’s not unusual for businesses to feel that HMRC’s demands on them are unreasonable. It is unusual however, for HMRC […]

  • Customs Duties to be modernised by the ECC

    Alongside weightier matter like the correct length and shape of a banana, the EC Commission have been busy agreeing the final text for the Union […]

  • Tax Man admits errors can happen!

    For some years H M Revenue & Customs (HMRC) have had a method whereby they could reduce tax liabilities in cases where errors had been […]

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