LATEST NEWS FROM GTN

The new UK Statutory Residence Test which had been expected to come into force in April 2012, has been delayed by a further 12 months.

Esther Martin of CM Murray LLP, provides an insight into the new Agency Worker Regulations which finally came into effect in October 2011

For 2011/12 only, individuals are able to carry forward any unused Annual Allowance from the three previous tax years, whilst still obtaining tax relief at the highest marginal rate. There is still time to "top up" your pension, but the window will soon be closed!

HM Revenue & Customs has issued a release reminding individuals and businesses about new Self Assessment penalties for late returns and late payments, which come into effect this autumn.

The UK Government has recently announced proposals to introduce a “statutory test” for UK tax residency, which will have a significant impact on employers with international assignees.

31st May is the annual deadline for employers to provide details of business visitors who spent time in the UK to the UK tax authorities.