The Government is reportedly considering whether to freeze NMW (National Minimum Wage) rate rises in April 2021, apparently abandoning its pledge for the NLW (National Living Wage) to reach two-thirds of median earnings, and the age threshold to be reduced from 25 to 21, by 2024.
Back in March, if an employer called HMRC to obtain a Time to Pay (TTP) arrangement for PAYE/NIC, HMRC were readily allowing 90 days, but not always making it clear that interest would be added. In May they explained that a TTP would not be agreed on PAYE/NIC relating to CJRS grant payments, while interest charges were being sent for earlier arrangements. Now, as the CJRS comes to an end, HMRC is increasingly reviewing historic claims and compliance in connection with furloughed staff.
HMRC furlough compliance is now underway. The HMRC mantra is: No one who has tried to do the right thing, but made an honest mistake, has any need to be concerned, as long as they put it right.
Workplace law is changing. As we await the definitive Supreme Court judgement on working status in the Uber case, and as CJRS tapers off, will employers terminate their gig economy workforce first without redundancy termination payments? We review the latest developments.
The Self Employed Income Support Scheme (SEISS) aims to help those who are adversely affected by the coronavirus crisis and cannot run their business or earn as normal. It is significantly different to the Coronavirus Job Retention Scheme (CJRS) which operates for employed individuals. Those who want to make a claim should not delay.
As more individuals set themselves up to work from home, workers need to be aware of the potential to create a capital gains tax bill for themselves when they sell their home.
We have previously examined the implications of employees being "caught" in another tax jurisdiction during lockdown, but what happens when employees choose to remain in situ? And what if they head to a specific tax jurisdiction to work remotely for their UK employer?
Many NHS trusts have made accommodation, food, transport and parking available to staff in order to keep them safe and well and to enable them to do their jobs. However, the NHS and these staff could be facing a large tax bill under current rules.
Observers of the UK tax scene will know how easy it is to get to the wrong place for all the right reasons. The last week has seen the launch of five separate government- or Parliament-initiated tax reform projects. There is a real risk of muddle, confusion and competing priorities. Clear vision, tough negotiating skills and strong leadership will be required if the UK is to have a post-coronavirus tax system fit for purpose in the 21st century.