Changes to both the salary sacrifice and ‘making good’ aspects of benefits-in-kind for both employers and employees are under consultation by HMRC but pensions and health-related benefits have been ringfenced

The government continued its slew of new consultations originally announced in the Budget 2016 with a set of proposals on tax rules related to authorised contractual schemes (ACS) affecting institutional investors

In response to the consultation on reform of the tax treatment of redundancy payments, the government is consulting on draft legislation to introduce NICs payments on redundancy payments over £30,000 from April 2018

An overhaul of taxation for partnerships is underway as the government tries to tighten up the rules and keep pace with the changing nature of the partnership structure as rules look increasingly obsolete and unable to deal with modern style partnership structures

Draft legislation on a new ISA which some MPs believe could lead to investors taking unnecessary risks has been published by HMRC

Actor Rupert Grint, famed for his role in the Harry Potter films, has lost in a First Tier Tribunal (FTT) against HMRC for a £1m tax refund, after a dispute over whether a tax return should be considered as an annual account

Revenue Scotland has confirmed it will adopt the Bank of England’s record low interest rate of 0.25% from 10 August 2016 which will see a cut in the interest charged on late payments

HMRC’s online personal tax accounts now boast approximately 3.5 million active users, the tax authority claims in its latest update

In light of the Blackman case, it is essential for advisers to ensure that their engagement letters are specific and signed as they are an important safeguard for tax advisers when HMRC hands out penalties for careless mistakes, stresses Jim Oulton, partner at Mayer Brown International LLP

The use of Innovative Finance ISAs could lead investors into taking on far greater risk than they can bear, Treasury select committee chairman Andrew Tyrie has warned

After a 48-day hearing at the First Tier Tribunal (FTT), HMRC has scored a win against Ingenious Media in a long-running tax saga over film and game investment schemes, although there are mixed views on the outright winner as the game element of the case was rejected, reports Sara White

A taxpayer has been left facing a further assessment of whether her actions in growing asparagus for sale should be considered as farming or market gardening for the purposes of tax, after an Upper Tribunal said it was unable to determine the position in regards to a claim for ‘sideways’ loss relief