Whitehall Update
Whitehall Update is written by the Mutuals and Employee Ownership team at Field Fisher Waterhouse LLP ("FFW"), led by Graeme Nuttall (pictured), partner at FFW and with contributions from Jennifer Martin, tax associate. Contact Graeme at graeme.nuttall@ffw.com or Jennifer at jennifer.martin@ffw.com .
October 2011
Employed not self-employed
The Supreme Court decision in Autoclenz Ltd v Belcher and others adopted a purposive approach in deciding car valeters were employees
Read more...
October 2011
HMRC unfairness
In HMD Response International v HMRC, the First-tier Tribunal criticised
Read more...
April 2011
Tax reliefs review
The Office of Tax Simplification's final report includes recommendations to simplify entrepreneur's relief and employee share schemes.
Read more...
April 2011
Phasing out default retirement age
Draft regulations were published on 16 February 2011 and amended regulations were published two weeks later to collect an anomaly in the first draft.
Read more...
March 2011
UBS AG v HMRC [2010]
The scheme in this case aimed to pay tax-free bonuses, each exceeding £20,000, to over 400 employees by coming within a statutory exemption available for restricted securities.
Read more...
December 2010
Annual and lifetime pensions allowances
The annual allowance for tax relief on pension savings for individuals will be changed to £50,000 from 6 April 2011. Draft guidance is available from HM Revenue & Customs (HMRC).
Read more...
December 2010
ASB Exposure Drafts
The draft Financial Reporting Standard for Medium-Sized Entities includes rules on accounting for share based payments.
Read more...