Happy New Year

A short update this week. If you have time over your cuppa, do try our Christmas Quiz.

Our highlights this time  include:

  • Our self assessment tax return toolkit
  • An updated version of HMRC's Bexit 'no deal' pack: essential reading if you are trading with Europe.
  • The Making VAT Digital pilot extends to partnerships and flat rate scheme users

We have a couple of cases and links to some really useful guides for CPD and to assist you if you are struggling with remembering which budget changes affect your self assessment clients.

If you have any tax queries please do try out our Virtual Tax Partner support portal at www.VtaxP.co.uk.

Enjoy the guides and updates and the news is below. 

Back soon

Nichola Ross Martin FCA CTA (Fellow) Tax Director


Your Virtual Tax Partner®: online PRACTICAL support for accountants & tax advisers BY accountants & tax advisers

Quick news (freeview)

Brexit: HMRC's 'partnership pack'
HMRC update their 'No Deal' guidance

Making Tax Digital (freeview)

MVD Pilots
Making VAT Digital pilot is now extended to partnerships and flat rate scheme users

Editor's Choice (subscribers) 

2017/18 Self Assessment Tax Return Toolkit
A summary of top tips for dealing with last minute tax returns; what not to forget, and how to protect against enquiries.

Private Client What's On? January 2019
A round up for subscribers of the latest developments in tax for private clients, covering income tax, CGT, and IHT.

Tax Guides and Updates (subscribers) 

Tax Update and rolling planner 2017/18
Last minute tax returns? This planner will take you through all the key legislative changes in 2017/18

Tax Update and rolling planner 2018/19
The planner for the current year

Tax Update and rolling planner 2019/20
What's new for next tax year

Christmas Quiz

I am sorry I haven't got a reasonable excuse: a Christmas Quiz
Last chance to take part in our quiz: points mean prizes!

Case Update (freeview)

UT confirms Pensions unauthorised payment
In Gareth Clark [2018] UKUT 0397, the upper tribunal held that a transfer from a pension scheme came within the scope of an unauthorised payment

National Crime Agency does Discovery
In Ian Daisley v National Crime Agency [2018] TC 6851, it was held that discovery assessments made by the National Crime Agency (NCA) were validly made. There were no grounds to displace the assessments.


Option to Tax
What is an option to tax? What do I need to do to opt to tax? What happens if I buy an opted property?

Missed last time's Web-update?

Nichola's SME tax W-update to 21 December 2018


  • Agent Update
  • Trusts & Estates Update
  • Advent Calendar
  • New guidance on directors' tax returns
  • How to tax cryptoassets profits and gains
  • Employment Intermediaries & late filing penalty appeals
  • Self Assessment toolkits
  • VAT on lost deposits
  • VAT on land and property
  • and much more..

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