The following Employment Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
Working rule agreements are used in the construction industry and similar areas. They are national agreements made between trade unions and employers across the country, setting out the terms and conditions that apply to particular categories of hourly paid manual workers. The workers concerned are generally those whose work takes place at a succession of different sites rather than at the employer’s premises.
The agreements include details of what the employees should be paid in respect of daily travel and subsistence, overnight lodging allowances, etc, providing the employees with certainty about what to expect from their employers. However, without further guidance from HMRC, the tax position of the amounts covered by the agreements would remain uncertain. This is because the rules on deductibility of travel and subsistence allowance vary according to how long the employee works at a particular location and whe
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IntroductionUK tax must be withheld on UK payments including:•interest•royalties•rental incomeWithholding tax may be reduced under double tax treaties (DTT) or European directives, both of which may be subject to making a formal claim.This guidance note outlines the rules for UK withholding tax, and
Expenditure of a capital nature is not allowed as a deduction when calculating trading profits. Expenditure of a revenue nature is allowable, provided there is no specific statutory rule prohibiting a deduction and the expenditure also satisfies the wholly and exclusively test. See the Wholly and
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This guidance note provides an overview of the steps businesses need to take if aspects of their business change, and as a result, they need to notify HMRC about the change.Changes to name and / or addressIf a business changes its name and / or its address then it is required to notify HMRC of the
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