This week’s UK tax tidbits, 8 July 2019

An update on tax consultations and updated forms and guidance feature this week.

• HMRC are seeking views on draft regulations to restrict the National Insurance employment allowance (currently £3,000) to employers with a Class 1 secondary National Insurance liability of less than £100,000 in the preceding tax year. This reform would be effective from 6 April 2020.The consultation is open until 20 August 2019
• The Adjudicator has published her Annual Report 2019 which covers the period 1 April 2018-31 March 2019
• Use the up dated register to check the status of overseas corporate lenders who are passport holders for Double Taxation Relief on UK loan interest
• How to apply for clearance or approval of a transaction from HMRC has been updated
• Check the updated list of VAT appeals that HMRC has lost, or partly lost, that could have implications for other businesses
• Check the status of tax policy consultations has been updated
• Employment Allowance: further guidance for employers has been updated
• The consultation outcome for royalty withholding tax has been published