The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal
Expat News
Expat starter checklist 13 July 2016
An updated version of the starter checklist for employees seconded to work in the UK by an overseas employer has been published, including a printable version.
If you are an employer use this expat starter checklist to record information about a new employee who still has a contract with their overseas employer, but has temporarily come to work for you in the UK.
Further information about PAYE for employees who come to work in the UK, including the differences in calculating and making deductions can be found here .
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Expat tax claim (R38 (Expat)) 15 July 2016
Form R38 (Expat) has been updated with a change of return postal address.
Foreign nationals assigned to the UK, who have paid too much tax and want to claim back the overpayment, can use form R38 (Expat). This form can also be used to authorise a representative to get the payment on their behalf.
Go to GOV.UK for full details.
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Consultation on non-dom reforms 22 August 2016
The government has published the consultation on the reforms to the way that individuals with a foreign domicile (non- doms) are taxed in the UK.
At the Summer Budget 2015 , the government announced a series of reforms to the way that individuals with a foreign domicile (‘non-doms’) are taxed in the UK. These changes will bring an end to permanent non-dom status for tax purposes and mean that non-doms can no longer escape a UK inheritance tax (IHT) charge on UK residential property through use of an offshore structure like a company or a trust.
At the Autumn Statement 2015 , the government made a further announcement that it would consult on how to change the Business Investment Relief rules to encourage greater investment into UK businesses.
A consultation was published in September 2015 setting out the detail of the proposals to deem certain non-doms to be UK-domiciled for tax purposes.
This latest consultation document provides an update on those proposals and sets out the detail of proposals to charge IHT on UK residential property. Much, but not all, of the draft legislation for the reforms is attached to the consultation.
If you would like to respond directly to this consultation, the submission deadline is 20 October 2016.
Email to: nondomreform@hmtreasury.gsi.gov.uk
Write to: Personal Tax Team HM Treasury 1 Horse Guards Road London SW1A 2HQ
The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
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