Weekly Tax Brief - 3 November 2015

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

To note, next week there will be a short hiatus in the production of the Weekly Tax Brief while we publish our sector-based Autumn Statement hopes, fears and wishes. Weekly Tax Brief will be back during the week beginning 16 November when we will be revealing our full list of Autumn Statement predictions.

Are HMRC bad losers?

03 November 2015

After losing a number of court cases in recent years, HMRC now has to repay compound interest to companies that were unlawfully required to pay VAT under a 'mistake of law'.

Scottish taxpayer status part III

03 November 2015

HMRC has issued the third instalment in its trilogy to determine who will be liable for the new Scottish rate of income tax (SRIT) from April next year. It’s simple if you have one home which is in Scotland, but if you have multiple homes, some of which are outside Scotland, the picture gets a little more complicated.

Is the SRIT a bridge too far for employers?

03 November 2015

The introduction of the Scottish Rate of Income Tax (SRIT) will be the biggest change to PAYE since 1944 and impose inordinate burdens on employers both inside and outside Scotland. With employers already grappling with auto-enrolment, the living wage, payrolling of benefits and the abolition of dispensations, could the SRIT be a bridge too far?