Archived SME tax news

Protesters UK Uncut have threatened HMRC with legal action in respect of the claim that an uncorrected mistake by HMRC’s Permanent Secretary Dave Hartnett lead to a loss to the taxpayer of £10 million in interest.

Protesters UK Uncut and Occupy London combined forces yesterday in order to march to Whitehall and demand the resignation of Dave Hartnett.

HMRC has opened a new consultation on PAYE pooling. It is suggested that connected employers would save costs and administrative burdens if they could be treated as one employer for PAYE purposes. 

Problem paying your tax bill on time? If you are a large company, with billions in assets and paying dividends to your shareholders, then don’t worry HMRC will be generous. If you are a private company and you pay dividends don’t expect the same treatment.

Mrs Lawson appeared to be the sole legal and beneficial owner of a property purchased to provide accommodation for her and her husband’s daughter.

In Robert Gaines-Cooper v HMRC [2011] UKSC 47 an international business man lost his residency appeal in the Supreme Court. Judges decided 4-1 that he had never left the UK when he moved abroad and remained UK resident.

Dave Hartnett, HMRC's Permanent Secretary has admitted to MPs that he made a £8 million "error" when agreeing a tax settlement with investment bank Goldman Sachs.

The Treasury Solicitor has made a partial U-turn in respect of Bona Vacantia.

Some good news:

Self-employed lecturers, teachers, instructors or those in a similar capacity may have simplified National Insurance arrangements from 6 April 2012.