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This Practical Tax Database and Virtual Tax Partner® Toolkit is your online tax partner. It answers all your key tax FAQs, is packed with useful and practical tax and business guidance.

The information gathered here is split into tax planning guides, FAQs, know-how and tools. With worked examples and tax compliance checklists.

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HMRC has published a list of tax avoidance schemes on which users may be asked for an upfront Accelerated Tax Payment.

HMRC will in the next couple of weeks be able to demand billions in taxes from tax avoidance scheme users under its new Accelerated Tax Payments (ATPs) measures. Payment will be required where a scheme is disputed and it was disclosable under DOTAS.

Rangers wins its 'big tax case', its EBT appeal. Loans made to players were genuine loans.

Good morning

Well to be honest I am slightly gutted to find that even the Arctic Monkey's took part in a tax avoidance scheme (the Liberty scheme, as leaked by the Times), but I doubt that the effect of the newspapers naming and shaming celebrities will have any effect on downloads by my teenage daugher and her friends. What will change future tax compliance is HMRC's new Accelerated Payment regime. This is expected to be a 'game changer' in the words of Jim Harra, HMRC's Director General of Business Tax.

If salaried members of LLPs have agreed to increase their capital contribution in order to disapply the new Finance Act 2014 rules, they must pay by 5 July or be treated as employees. 

A speculative landfill and land consultancy counts as a business for capital gains tax (CGT) section 162 incorporation relief.

  1. HMRC starts annual PAYE reconciliations - check your P800
  2. Fines: No tax relief allowed on non-statutory fines
  3. Nichola's SME Tax w-update 17 June 2014
  4. Mansworth v Jelly loss claims
  5. Nichola's SME Tax W-update 5 June 2014