˾ҹ

Tax News

SI 2021/1028 The Insolvency (England and Wales) (No.2) (Amendment) Rules 2021

Published on: 13 September 2021
Published by a

Specialist Tax Statutory Instruments

Article summary

These Regulations amend the Insolvency (England and Wales) Rules 2016, (SI 2016/1024), to provide permanent procedural rules for the company moratorium procedure introduced into the Insolvency Act 1986 by the Corporate Insolvency and Governance Act 2020 (CIGA 2020). These Regulations come into force on 1 October 2021.

Jurisdiction(s): England and Wales

Popular Articles

Premiums on the grant or surrender of a lease

Premiums on the grant or surrender of a leasePremiums on the grant of a lease ― outlineWhen a property investor grants a lease, potentially this could be done on the basis that the tenant pays a premium for the initial grant of the lease, in addition to also paying rent over the term of the lease.

14 Jul 2020 12:58 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax Read more Read more

Payroll record keeping

Payroll record keepingUnder SI 2003/2682, reg 97, “...an employer must keep, for not less than 3 years after the end of the tax year to which they relate, all PAYE records which are not required to be sent to [HMRC]...”. Reasons for keeping the records include:•being able to calculate tax and

14 Jul 2020 12:52 | Produced by Tolley in association with Vince Ashall Read more Read more

Income tax paid on behalf of employee

Income tax paid on behalf of employeeIntroductionEmployers may wish to make payments of employment income to an employee / director without the employee suffering a tax or NIC cost on that pay. In other words, the employer wants to pay an amount net of tax and NIC. In some instances, often with

14 Jul 2020 11:58 | Produced by Tolley in association with Paul Tew Read more Read more