Second incomes disclosure opportunity was aimed at taxpayers who have not declared any part-time/additional income from self employment. this closed on 7 August 2017.

  In Susan Corbett v HMRC [2014] TC 03435, a wife, who had apparently resigned from her husband’s business was still treated as an employee for the purposes of Capital Gains Tax (CGT) relief.

 In Gillens Limited v HMRC [2014] TC 03406 a company was late in making its VAT payment having failed to allow time for a payment to clear. It did not know that HMRC provides an accelerated payment solution in these circumstances (neither did we!).

What are Creative Industries Tax Reliefs? Which Creative Industries Tax Relief are you eligible for? When should relief be claimed under Audio-Visual Expenditure Credit (AVEC) and Video Games Expenditure Credit (VGEC)?

This is a Practical Tax Database is designed to act as your online tax partner. It can assist in answering your tax FAQs, and is packed full of useful and practical tax and business guidance.

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

Register to receive our FREE news update service.

Subscribe to UNLOCK the full site.

Tax advice? Contact the Virtual Tax Partner® support service.

The contents of the site are subject to Copyright. Our Terms & Conditions  apply to you if you use our material.