Some of the latest PAYE news for advisers.
Archived SME tax news
HM Revenue & Customs have now published a chapter on Partnerships in their Stamp Duty Land Tax (SDLT) Manual.
Letters have started to land on the doorsteps of 12,000 self-employed people who are claiming tax credits according to HMRC.
The courts have found that HMRC was wrong to withdraw agent status from accountancy firm Christopher Lunn & Co.
This is our rolling update. We will add points of interest as we note them throughout the month, and update our guides on these topics as we go.
January may be over but wake up! There is never a dull minute in UK tax. These current consultations may have a major effect on SME owners and advisers.
Act now: Extra Statutory Concession C16 (ESC C16) is due to become legislation on 1 March 2012, but in a modified form.
The Public Accounts Committee (PAC) has severely criticised HM Revenue & Customs (HMRC) for a whole catalogue of extraordinary and costly failures which have befallen the department in the past year.
From 1 April 2011
New rules are expected to be introduced on how in the case of a close company you work out the number of its associates for tax purposes in calculating whether the small companies' rate of tax applies.