Tax voice - November 2015

Welcome to this month's edition of Tax Voice, a monthly round-up of the most important tax news. 
Are you fed up with completing end of year forms P11D?

12 November 2015

HMRC has announced changes in PAYE procedures to help employers simplify end of year employer returns. RSM can help you take advantage of this change.

When ignorance is not bliss in the AIA world

12 November 2015

The announcement that the annual investment allowance will be £200,000 from January 2016 is welcome, but the transitional rules are complex.

eMarketplaces- trading or hobby?

12 November 2015

HMRC is tackling tax evasion by looking at the hidden economy of online activity. Make sure you aren’t caught out.

OECD plans could increase UK tax costs of debt funded businesses

12 November 2015

Domestic and international companies could see a potentially significant increase in corporate income tax costs, as a result of proposed changes to the tax deduction rules for corporate interest expenses.

Country by country reporting to increase transparency by putting HMRC in the know

12 November 2015

HMRC will soon know much more about groups’ international tax positions following the introduction of the first of the OECD’s BEPS measures

Non-dom tax changes already decided?

12 November 2015

The Government’s consultation on reforms to the taxation of non-doms shows there’s no scope for public debate on the overall impact of the proposed policy changes , merely the details of implementation.

Time to upgrade your home?

12 November 2015

The new inheritance tax (IHT) threshold for family homes may offer some planning opportunities; make sure you’re ready.