As part of the package of measures aimed to help people as a result of COVID-19, HM Treasury have said they intend to postpone the introduction of the Off-Payroll Working rules to the private sector.
As part of the package of measures aimed to help people as a result of COVID-19, HM Treasury have said they intend to postpone the introduction of the Off-Payroll Working rules to the private sector.
Chancellor Rishi Sunak presented the UK's Budget 2020 on 11 March 2020.
Tax highlights and key measures are as follows.
Our live highlights of Chancellor Rishi Sunak's Budget 2020 speech will be appearing here from 12.30pm. Our 'Budget 2020: At a glance' summary will follow later today.
Hello,
The government has concluded its review of off-payroll working and made a couple of modifications to the rules which commence in April 2020. Importantly, there are no radical changes and the new measures commence on the original start date of 6 April 2020.
HMRC's latest Trusts and Estates newsletter contains some useful information. Here is our enhanced version.
In Gareth Clark v HMRC [2020] EWCA Civ 204, the Court of Appeal (CoA) upheld the decisions in the two earlier appeals. It held that a transfer from an authorised pension scheme into another fund in order to enable pension cash to be invested in residential property amounted to an unauthorised payment.
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