The Construction Industry
Scheme (CIS) was significantly changed
from 6 April this year when monthly returns
were introduced for contractors. The
CIS300 return details the payments made
to subcontractors and any tax deducted
from those payments. The returns have
to be submitted to HMRC by 19th of the
month
Claimants of tax credits are being reminded
by HMRC that they must let them know
of changes in their family circumstances
within one month of the change. HMRC
advise that, with children now back at
school and those with older children
starting or returning college and university
courses soon, it is important that claimants
let HMRC know if family circumstances
have changed.
British businesses are to be allowed
to continue to sell goods in pounds and
ounces. After years of wrangling between
the UK and the European Commission (EC),
it has been agreed that the UK does not
have to abandon imperial measurements
entirely and replace them with metric
only measurements.
A tribunal has ruled
that in certain circumstances tips given
to employees count towards the National
Minimum Wage (NMW). A group of London
food businesses took the case to court
after HMRC claimed that some staff had
not been paid the NMW between 2000 and
2003.
