Search Results for: Tier 1 visa applications / extensions

December Visa Statistics: Australia & New Zealand

Australia, Canberra Tier 1 Highly Skilled (formerly HSMP) 69% of applications processed within 5 Days 83% of applications processed within 10 Days 91% of applications processed within 15 Days 98% of applications processed within 30 Days 100% of applications processed within 60 Days Total Monthly Decisions: 56 Tier 2 Skilled (formerly Work Permit) 89% of […]

OTS says decision not to abolish IR35 was the Chancellor’s

An Office of Tax Simplification (OTS) spokesperson told the Contractor Tax website Shout99 that “The OTS review of IR35 considered a wide range of options – including abolition. Our report came down in favour of two main options – suspension, with a view to eventual abolition, or making significant improvements in HMRC\’s running of the […]

HMRC Business Record Checks start early

The Deputy President of the Chartered Institute of Taxation (CIOT), Anthony Thomas, said that “HMRC’s reassurance that this is a ‘test and learn’ pilot where no penalties will be levelled, other than in exceptional circumstances, is welcome. However they should have made this clear to tax advisers, business organisations and, above all, those taxpayers – […]

CIOT urges Government to reconsider disguised remuneration policy

A spokesperson for the Chartered Institute of Taxation (CIOT) said that “We urge further reflection before the final legislation is introduced. The proposals are moving to taxing the form (involvement of a third party) rather than the substance (reward or loan in connection with the employment) of the arrangement. There are many hard edges which […]

Budget good in the long run but of little immediate impact

John Philpott, the Chief Economist at the Chartered Institute of Personnel and Development (CIPD) said that “The OBR forecasts have moved closer to the economic outlook for 2011 published by the CIPD following Mr Osborne’s first budget last year, but still look very optimistic for 2012 onward and may well have to be revised further […]

Income Tax & National Insurance Systems to be merged?

A senior tax manager at Grant Thornton UK, Ellie Gamble, said that “We cautiously welcome government plans to merge the operation of income tax and NICs. This could really make life easier for both employer and employee. We would, however, urge the government not to rush anything through. Moreover, the change should not lead to […]

OTS expected to advise that Income Tax & NI should be merged

Following the General Election the Coalition Government set up the OTS to, among other things, overhaul the highly unpopular IR35 legislation, which requires contractors to prove that they are no de facto employees of their clients. However, it is understood the OTS will highlight in the interim report the difficulty of finding a workable alternative […]

LLPs warned to get right paperwork in place from day one

Graeme Jump, Senior Counsel at Mace & Jones Partnership said “Frighteningly, this decision was only in respect of a trial of a number of preliminary issues, but it still took nine days of High Court time. It seems quite likely that there may be further litigation. Sadly this is yet another case where business people […]