Tax Bites - June 2020
Welcome to the latest edition of RPC's Tax Bites - providing monthly bite-sized updates from the tax world.
As always, if there are any areas you would like more information on, or if you have any questions or feedback, please let us know or get in touch with your usual RPC contact.
News
Spotlight 55 - umbrella company warning
On 27 April 2020, HMRC published Spotlight 55, setting out further warnings and advice on the use of umbrella companies. Read more
DAC 6 delay
On 8 May 2020, the European Commission published a proposal to amend Directive 2011/16/EU (the Directive), delaying disclosure deadlines imposed by Directive (EU) 2018/822 (DAC 6), by three months. Read more
Temporary exemption for Covid-19 employee expenses
On 13 May 2020, the Financial Secretary to the Treasury, Jesse Norman, stated that a temporary exemption from income tax and National Insurance contributions (NICs) will be introduced for expenses reimbursed by an employer to an employee where two conditions are satisfied. Read more
Case reports
Henkes - Tribunal determines domicile on application for closure notice
In Henkes v HMRC [2020] UKFTT 159 (TC), the First-tier Tribunal (FTT) decided that it has jurisdiction to determine mixed questions of fact and law on an application for a closure notice and appeal against an information notice. Read more
Looney - Termination payments were trading receipts
In Looney & Anor v HMRC [2020] UKUT 0119 (TCC), the Upper Tribunal (UT) has dismissed an appeal against the FTT's decision that a termination payment and other payments made under a contract entered into by a partnership to provide management training, were trading receipts of the partnership. Read more
Coyle - Upper Tribunal refuses permission to appeal out of time
In Michael Coyle t/a Coyle Transport v HMRC [2020] UKUT 0113 (TCC), the UT set aside the decision of the FTT, but reached the same conclusion as the FTT and refused the taxpayer permission to appeal out of time. Read more