This week’s UK tax tidbits, 21 January 2019

Jan 21, 2019

Guidance on the National Minimum Wage and the latest phishing scams feature this week.

  • Find out how to recognise when contact from HMRC is genuine, and how to recognise phishing or bogus emails and text messages” has been updated
  • The Diverted Profits Tax guidance has been updated
  • Compliance checks: alternative dispute resolution - CC/FS21 has been updated
  • Creative Industry Tax Reliefs sets out contact dctails for the relevant HMRC team dealing with this suite of reliefs
  • The list of approved payers for foreign entertainers has been updated
  • National Minimum Wage information for employers has been updated. HMRC have also added two new short webinars to our series on National Minimum Wage for employers which cover unpaid working time and how to deal with accommodation costs
  • From 6 April 2019 employers will no longer be required by HMRC to check details of employee expenditure receipts when paying or reimbursing expenses at or below the published benchmark scale rates or overseas scale rates (OSR) for allowable travel expenses
  • HMRC have now published draft guidance in two places (here and here) on the new rules which from April 2019, extend the scope of the non-resident capital gains tax regime to include all UK immoveable property, including commercial property and other UK land. The change affects all non-UK resident property investors (whether individuals, companies or other entities), with only limited proposed exemptions