My employer operates a defined contribution pension scheme. At present, let us say that the employer pays £100 into the scheme for me each month and pays me a salary of £1,000 from which I contribute another £100 to the scheme.

Following on from our previous update we have compiled our response to the IR35 consultation (Off payroll working in the private sector, closing date 10 August 2018). We provided our responses based on our experience of dealing with contractors, agencies and end client organisations and looking at what has already taken place in the public sector.

It is clear that compliance with the NMW rules is extremely high on the Government agenda, and we have seen a substantial increase in calls from advisers on this subject. Given that all complaints notified to HMRC are investigated, coupled with the punitive penalty regime, it is a risk area that advisors should be discussing with their clients.

Our round-up of topical news this month features provisions to bring forward the payment and reporting dates for gains on disposals of residential property made by UK residents on or after 6 April 2020 and the rules regarding charging of privately owned electric vehicles by employees at work.

Our round-up of topical news this month features the current rules for CT relief for property losses following the changes in 2017 and a summary of the P11D car benefit rules where an employee makes a contribution to the employer.

The Insurance Distribution Directive (IDD) comes into force on 1st October 2018. The purpose of the Directive is to protect customers who are buying general insurance; this includes the purchase of fee protection insurance.

The Office of Tax Simplification (OTS) published its long awaited consultation report on the simplification of the capital allowance system on 15 June 2018. The report extended to 88 pages and concluded that the replacement of capital allowances with accounting depreciation, although beneficial, would be a highly disruptive undertaking. Rather than a complete overhaul of the system, the report recommended a number of smaller amendments.

Our round up of topical news includes how the provision of a van to an employee could be exempt from tax if certain conditions are met and the three possible scenarios where clients could be deemed UK domiciled for Income Tax, CGT and IHT as of 6 April 2017.

HMRC are issuing One to Many (OTM) letters to locums and their engagers requesting a meeting in order to check the employment status of the individuals in question.

Our round up of topical news includes details of 30 April 2018 enveloped dwellings deadline along with changes to corporation tax reliefs and an update on the status of EMI reliefs.