In November 2016 the Office of Tax Simplification (OTS) published their final reports on small company tax reform, recommending that ‘Lookthrough taxation’ proposals be dropped but those for a new ‘Sole Enterprise with Protected Assets (SEPA)' trading vehicle be taken forward.
No tax avoidance schemes if you are a member of a professional body
From 1 March 2017, members of seven professional tax and accounting bodies will be prevented from promoting or creating tax avoidance schemes under a new code of Professional Conduct in Relation to Taxation.
Brexit: Parliament must have its say
The High Court has ruled that the UK Government cannot trigger Article 50 to leave the EU without reference to Parliament.
RTI: micro employer has to file online
In Elite Hand Car Wash v HMRC [2016] TC 05431 the First Tier Tribunal (FTT) rejected a taxpayer’s claim that HMRC’s RTI reporting relaxation for micro employers meant it did not have to file online.
SDLT penalty: ignorance and Christmas not reasonable excuses
In Antony Phillip Brown v HMRC [2016] TC 05423 the First Tier Tribunal (FTT) found that a taxpayer did not have a reasonable excuse for late filing of an SDLT return.
Hallowe'en & Bonfire Night Tax Deadlines
31st October 2016 is the filing deadline for filing a paper tax return under self assessment. It is also the deadline:
Page 146 of 178