Welcome

"An immensely useful resource"... "My only question is - why did we not subscribe before..." "Stunning" ...Read More Reviews

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.

Register to receive our FREE news update service.

Subscribe to UNLOCK the full site.

Tax advice? Contact the Virtual Tax Partner® support service for advisers and their clients.

The contents of the site are subject to T & C & Copyright © 2019.

In his inaugural speech as new president of the Chartered Institute of Taxation (CIOT), Glyn Fullelove has sent a clear message to CTAs, “there is no place for any tax advisers who promote avoidance schemes in the CIOT. If there are still members who seek to develop and promote such schemes, I have a simple message – this is not the body for you."

Hello

We are publishing early this week. There are some rather interesting developments from the courts, we have our latest Land and Property update, more 'CPD for lunch' and more Spotlights from HMRC.

In Anthony and Tracy Lee Hancock v HMRC [2019] UKSC 24 the Supreme Court held that that the conversion of QCBs and non-QCBs into a single new QCB were two separate conversions: tax was due on redemption.

In Raymond Tooth v HMRC [2019] EWCA 826 the Court of Appeal confirmed that HMRC's delay in raising a discovery assessment rendered it invalid. 

Hello

We are taking a break from reporting cases this week, as we have picked out quite a diverse range of news items and we also have a bumper capital taxes update.

The Office of Tax Simplification (OTS) has published a report ‘Simplifying everyday tax for smaller business’, It suggests that there is much the government can do to make life easier for small and micro business.

  1. BEIS consults on Corporate transparency and register reform
  2. Who dunnit? Error over Welsh PAYE codes
  3. Nichola's SME Tax W-update 10 May 2019
  4. New guidance on Making VAT digital
  5. ER success: Preference shares were Ordinary shares