HMRC: Agent Update June 2016

Last Updated: 31 August 2023

HMRC have issued their Agent Update for June 2016: we have summarised the key content for you with links to our detailed guidance on the topics covered.

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HMRC's Brexit message: Carry on as Normal

Last Updated: 31 August 2023

HMRC has recorded a message on its phonelines to reassure taxpayers that the EU referendum result of Brexit heralds no immediate changes to the UK's tax system.

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A win for Tottenham Hotspur

Last Updated: 31 August 2023

In Tottenham Hotspur Limited v HMRC [2016] UKFTT TC05143 the First Tier Tribunal (FTT) found that payments to players were termination payments and not subject to NIC.

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Potential lost revenue: penalty with zero tax liability

Last Updated: 31 August 2023

In Alpine Contract Services v HMRC [2016] TC05148 a director's actions led to penalties for deliberate behaviour. The FTT's interpretation of the term 'potential lost revenue' created a windfall for HMRC.

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HMRC: Employer Bulletin June 2016

Last Updated: 31 August 2023

HMRC have published their Employer Bulletin for June 2016. We summarise the key content for you, with links to our detailed guidance on the topics covered.

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Accountants: are you an MSC Provider?

Last Updated: 12 December 2024

When do the Managed Service Company rules apply to accountants? What exemption exists? What happens if you are a MSC provider?

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  • MSC: Provider was 'involved'
  • Tax experts urge people to use their P60s to reclaim tax
  • Grazing land qualifies as a business asset
  • Input VAT: importance of a valid invoice
  • CIS: ignorance is bliss?

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