To support the self-employed through the coronavirus outbreak the Government has introduced the Self-Employment Income Support Scheme (SEISS).
Documents to download
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Income shifting (170 KB, PDF)
This note looks at the Government's recent legislative proposals to prevent 'income shifting' – arrangements used by the main earner in a family businesses to divert part of his income through the business to another person in a lower tax bracket, often their spouse, to mitigate their overall tax bill. These proposals proved controversial, and in the Pre Budget Report in November 2008 the Government confirmed that it was deferring any legislation, but would keep the issue under review.
Documents to download
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Income shifting (170 KB, PDF)
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This note sets out the rules regarding the tax treatment of alcohol and tobacco purchases made by passengers, and sets out proposals the Government has published for reforming these rules in the context of Brexit, and the UK’s departure from the EU single market.
