Weekly tax brief - 16 August 2016

In this edition of RSM’s weekly round-up of the most important tax news, we cover the latest developments.

Now here's a Rio league table which the UK shouldn't try to top

16 August 2016

As we go to press, only the USA is ahead of Great Britain and Northern Ireland in the medals league table in the Olympics. As the achievements continue to add up, we don’t want to see the UK’s HMRC competing with the US Internal Revenue Service to tax our winners’ medals!

Does simplification have to mean bigger tax bills?

16 August 2016

Simplifying the complex tax and National Insurance treatment of termination payments will be a welcome move, but does it come at the cost of bigger tax bills?

Digital revolution hits tax: how do you measure the benefits?

16 August 2016

This week saw the long-awaited publication of the 'Making Tax Digital' consultation documents which will revolutionise the way we deal with business taxes. But what will the new system cost and where do the economic benefits lie?

Levelling the playing field

16 August 2016

The government looks set to level the playing field of salary sacrifice, but is this the best approach for a modern workforce? And will it impact the future recruitment of talent?