Specialist Tax Regulatory Materials
OECD Secretary-General Mathias Cormann has told the World Economic Forum in Davos that the agreement needed to finalise Pillar 1 is likely to be delayed, resulting in practical implementation taking place from 2024 rather than 2023.
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
Class 1 v Class 1AClass 1 and Class 1AClass 1 and Class 1A are the categories of NIC that can be charged on expenses reimbursed and benefits provided to employees. These classes are mutually exclusive. A benefit cannot be subject to both Class 1 and Class 1A NIC. Three requirements must be met
Qualifying charitable donationsCompanies can obtain corporation tax relief for qualifying payments or certain transfers of assets to charity under the qualifying charitable donations regime. Definition of qualifying charitable donationThe definition of 鈥榪ualifying charitable donations鈥�
Supplies of goods and services connected with educationThis guidance note provides an overview of the VAT treatment of goods and services provided in connection with supplies of education. This should be read in conjunction with the following guidance notes:鈥upplies of education鈥ocal authority
