• Exemption for benefit in form of vehicle-battery charging at workplace • Exemptions relating to emergency vehicles • Exemption for expenses related to travel • Beneficiaries of tax-exempt employer-provided pension benefits • Resolution of double taxation disputes • International tax enforcement: disclosable arrangements
Glyn Fullelove, Chair of the Chartered Institute of Taxation’s (CIOT) technical committee commented on the publication of the Finance Bill:
“In our view, there are too many measures in this Finance Bill which have not been through the governments tax consultation process.” He said that the timetabling of the Bill adds to the ‘scrutiny deficit’ in that there have only been two working days between the Bill’s publication and its second reading debate on Monday 12 November and with the publication of a large amount of previously unseen legislation and the start of the committee stage, which is supposed to see detailed line by line scrutiny of the Bill, there is a real risk this Bill will not receive the scrutiny it should.
“The effects of inadequate scrutiny in the past are visible in the amount of ‘tinkering’ in the new bill. This is mostly desirable tweaks to ensure that previously introduced measures… operate as intended”, added Glyn Fullelove.
He concluded that the CIOT and its Low Incomes Tax Reform Group and the Association of Taxation Accountants will seek to provide briefing notes and other support to the MPs scrutinising the Bill as they always do, but with the number of new measures and the timeline involved, this will limit how thoroughly this can be done.
CIPP comment The Policy team will also be working their way through the Bill and will publish items separately with the details we have gleaned.
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LGA call for tax increases to pay for social care 15 November 2018
The Local Government Association (LGA) is calling on government to make the case for national tax rises so that current and future generations can be confident they will have the care and support they need to live the life they want to lead.
When the Government announced on 18 June 2018 that there would be a further delay to its green paper on the future of social care, a little over a month later, the LGA filled the void with its own green paper, 'The lives we want to lead'.
Doing nothing is no longer an option The LGA has said that the responses it has received to the green paper make it clear beyond doubt: doing nothing is no longer an option. Years of significant underfunding of councils, coupled with rising demand and costs for care and support, have combined to push adult social care services to breaking point. The LGA’s green paper started a debate across the country about how to fund the care we want to see in all our communities for adults of all ages and how our wider care and health system can be better geared towards supporting and improving people’s wellbeing. The LGA has now published its response to this consultation which summarises the range of responses, including an overwhelming recognition of the importance of adult social care in its own right and an equally strong consensus that the system is unsustainable in its current form and underfunding is having serious consequences across the board. The report also puts forward a number of recommendations that the Government should focus on in its own green paper, including: • Making the case for national tax rises, such as increases in Income Tax and/or National Insurance.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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