Policy News Journal - 2014-15

The case of Apollo Fuels Limited and the resulting change to legislation serves as a timely reminder, if one were needed, that HMRC are tightening up on any measures that they view as examples of avoidance.

List 3 updated

9 April 2014

HMRC has updated the list professional bodies and learned societies, approved by HMRC for the purposes of Section 344 ITEPA 2003.

The list is updated periodically and includes all bodies approved by the Commissioners for HMRC up to 31 March 2014. It shows:

 professional bodies and learned societies, approved by HM Revenue & Customs (HMRC) for the purposes of Section 344 ITEPA 2003 (formerly S201 ICTA 1988)  details of statutory fees or contributions allowable for earlier years 2003-04 onwards are within S343 ITEPA 2003 (for earlier years S201(2) ICTA 1988).

Overnight subsistence allowances paid to lorry drivers

16 April 2014

Following discussions with the Road Haulage Association, HMRC has announced that the lorry drivers’ overnight subsistence allowance rate remains unchanged.

The rate is £26.20 for drivers with sleeper cabs and £34.90 for drivers with non-sleeper cabs. The Employment Income Manual will be updated accordingly.

Visit HMRC’s website for full details

Consumer Rights Bill could affect flexible benefit and salary sacrifice schemes

12 June 2014

Employee Benefits advise that the Consumer Rights Bill could impact the provision of flexible benefit schemes and salary sacrifice arrangements.

We are grateful to Employee Benefits for this analysis:

The bill, which takes effect from 13 June, sets out a modern framework of consumer rights, which will include:

 A right to get what you pay for.  A right that goods and digital content are fit for purpose and services are provided with reasonable care and skill.  A right to have faults in what you buy put right free of charge, or to be provided with a refund or replacement.

These consumer rights will also apply to employees in relation to the benefits provided to them in the workplace.

An employer that offers employee benefits to staff will now effectively become a supplier of goods and services to employees who pay for the benefits via a salary sacrifice arrangement.

CIPP Policy News Journal

08/04/2015, Page 148 of 521

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