From April 2019, the National Assembly for Wales will be able to vary the rates of income tax payable by Welsh taxpayers.
Responsibility for many aspects of income tax will remain with the UK government, and the tax will continue to be collected by HMRC for Welsh taxpayers.
It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.
HMRC has launched a consultation on how to tackle non-compliance with the off-payroll working rules in the private sector and are asking for comments on the best way to do this. HMRC estimates only 10% of PSCs that should apply the legislation actually do so, and the cost of this is projected to increase from £700m in 2017/18 to £1.2bn in 2022/23.
HMRC has issued a warning to taxpayers regarding the latest tax refund scams. These scams are targeting individuals via email and SMS messages.
HMRC is currently processing genuine tax refunds for the 2017/18 tax year and the fraudsters are sending scam messages which claim that taxpayers are entitled to a rebate. These messages go on to request that they provide their personal and account details in order to make their claim.
Ashgates was pleased to host the launch meeting of a new ella-forum group last month. The group is a monthly development session for business and charity leaders who hear the latest thinking from inspirational speakers and share best practice from experts. This meeting featured the engaging author and consultant Andy Hanselman who gave a terrific presentation on ‘Organisational Culture’.
The next meeting is on 12 June, at Ashgates and will be looking at ‘Transformational Leadership, followed by ‘Diversity’ on 12 July.
If you would like more information please contact firstname.lastname@example.org or www.ella-forums.org