Introduction
With the changes announced in the 2011 Finance Bill and the more aggressive
approach undertaken by the HMRC, the landscape in which the general tax
practitioners operate is as complex as ever. Our February webinar will examine
HMRC’s latest initiatives to ensure compliance. The CIOT has said that the approach taken by the government to prevent tax avoidance through ‘disguised remuneration’ is far too complicated. The legislation includes 14 different tax avoidance tests setting out when the new exclusions will apply. Our April webinar will analyse the very real difficulties employers will face in trying to assess where they stand with this new legislation and discuss whether the legislation will create more problems than solutions.
The Chancellor’s announcement that there will be a consultation on a statutory
test for residency is welcomed by many practitioners needing a clarification on
this complex area. The consultations on the Statutory Residence Test and taxation of non-domiciled individuals have now been published. Both these proposals are intended to simplify the current system and offer clarity on a previously jumbled and outdated system. We will explore these changes in detail in our May webinar and debate if they offer the transparency required by the market.
Forthcoming webinars include: