Managing the Global Mobility Function 2012: Now Available
Tag Archive
United Kingdom: HMRC Issues Draft Guidance on Statutory Residence Test
On 8 May 2013, the U.K. tax authorities, HM Revenue and Customs (“HMRC”), published the much-anticipated draft guidance to the new statutory residence test (SRT)1. As expected, the guidance is detailed and contains many examples. The guidance provides a helpful look at HMRC’s view of implementation plans for the SRT, but significant complexity and... »
United Kingdom: Auto-enrolment Developments and Issues for Employers with Mobile Workers
There have been some recent developments in the United Kingdom concerning the plans for “auto-enrolment” of employees into pension schemes. The U.K.’s The Pensions Regulator has released updated detailed guidance on auto-enrolment which includes new content relating to the assessment of whether a person is “ordinarily working” in the United Kingdom. In addition, the... »
United Kingdom: Revised Guidance on Residence
The U.K. tax authority, Her Majesty’s Revenue & Customs (HMRC), has issued a revised version of its U.K. tax residence guidance “HMRC6 – Residence, Domicile and the Remittance Basis.”1 As this revision contains mainly minor changes to the version last updated in December 2010, the changes have not been described or highlighted as revisions... »
United Kingdom Court Ruling in Gaines-Cooper, Issue of Residence
The U.K. Supreme Court has issued its judgement on the Davies and Gaines-Cooper cases. In this article we provide some background on the cases (especially Gaines-Cooper) and describe the rulings of the Supreme Court. Background Mr. James and Mr. Davies together in the Davies case, and Mr. Gaines-Cooper sought judicial review of a determination by HMRC that... »
UK Guidance on Unrest in Egypt, Elsewhere and Residence
Due to the political unrest in the Middle East and North Africa, some individuals have been evacuated to the United Kingdom. The U.K. tax authority – Her Majesty’s Revenue and Customs (HMRC) – has issued a statement regarding the impact of the recent situations on their guidance for U.K. tax residence. »
US and W-2 Guidance on Employers’ Group Health Plans
Under the health-care reform legislation, enacted in March 2010, an employer is required to disclose on each employee’s Form W-2 the value of the employee’s health insurance coverage under any employer-sponsored plans in which the employee is enrolled. The reportable value is the aggregate premium for all such plans in which the employee is... »
US: Guidance on Substantiating Away-from-Home Business Expenses
On September 30, 2010, the U.S. Internal Revenue Service (IRS) released an advance copy of Rev. Proc. 2010-391 — an update of the rules for determining when the amount of ordinary and necessary business expenses of an employee for lodging, meal, and incidental expenses (or for meal and incidental expenses) incurred while traveling away... »
Argentina Issues Guidance on Withholdings of Individual Income Tax
Guidance from the Argentine tax authorities (Administración Federal de Ingresos Públicos—AFIP) concerns individual income tax. Resolutions 2866 and 2867 (published in the official gazette Boletín Oficial de la República Argentina (No. 31.941, 12 July 2010)) address the amounts that employers must consider in calculating withholdings of individual income tax, due to a 20-percent increase... »
UK: EU Guidance on EU Social Security
The European Union’s new EC social security regulation 883/2004 and its Implementing Regulation 987/2009 became effective 1 May 2010. Going forward, consideration should be given as to which regulations apply when making A1 applications (under the new regulations) or E101 applications (under the existing regulations, namely 1408/71). »
UK: New Bank Payroll Tax Guidance
Her Majesty’s Revenue & Customs in the United Kingdom has published more guidance on the Bank Payroll Tax (BPT). Although much of the new guidance merely repeats the legislation already passed, the guidance does provide more details about making a BPT Return and payment. In particular, banking groups that wish to make composite payments... »