David Gauke has been appointed as the new Chief Secretary to the Treasury following Theresa May's appointment as Prime Minister.
HMRC have appointed Jo Wakeman as the new Director of Large Business in succession to Judith Knott who left HMRC earlier this year. Jo was previously Deputy Director of London Financial at HMRC.
The Income Tax (Pay As You Earn) (Amendment No. 2) Regulations 2016 have been published. These regulations correct a previous oversight in the legislation, and require employers to include unapproved mileage allowance payments and passenger payments on P11Ds. The regulations come into force on 8 August 2016.
On Tuesday 13 September 2016 KPMG in the UK will be holding a webinar on BEPS Action 13, which will cover a summary of country-by-country (CbC) reporting requirements, our insights on how best to prepare for the first filing obligations under the new regime, and an update on recent EU reporting proposals and their potential wider impact. To register, click here.
KPMG in the UK’s BEPS Action 4 Diary has been updated with a post on insights from our recent Action 4 webinar.
Business must address the under representation of women in senior management, according to new research by the Cracking the Code team, a collaboration between KPMG in the UK, Why Women Work, YSC and the 30 percent Club.