This time of year brings open consultations on the changes the government may introduce next year. The next big thing coming in our direction from the Treasury is a raft of new proposals relating to the use of umbrella companies. If you use umbrella companies, we recommend having a look at the consultation document and adding your voice to the discussion.The consultation is open until 29 August.

In other tax news:

  • HMRC has confirmed that the CIS helpline remains open
  • There is an online guide to check if you can correct a mistake in your VAT return
  • National Insurance numbers can now be saved to and downloaded from the iPhone Apple Wallet
  • Ensure you have the correct classification for diesel cars

Lastly on 18 July, the government released draft legislation for next year’s Finance Bill and introduced consultations on future tax policy changes. These inlcude:

  • Companies: Consultation on merging R&D Tax Reliefs into a single scheme.
  • Plastic Packaging Tax: consultation on using a mass balance approach to determine the amount of chemically recycled plastic in packaging.

Full details on all of the above, plus more is available exclusively to FIS members, here.