Missed our SME Tax Web-updates in May? Here is a summary of the month.

 


Nichola's SME Tax W-update 28 May 2020

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  • COVID-19: Tracker
  • Advisory fuel rates from 1 June 2020
  • Supreme Court dives into tax treaty, diver is an employee
  • Court of Appeal opts to allow deductions for EBT share scheme 
  • Is a day planner a book? Don't rely on HMRC’s VAT guide
  • Input not disallowed as six-month rule not breached
  • VAT treatment on fixed-odds betting terminals and gaming machines

Subscriber CPD/specials

  • Directors: Tax planning toolkit for 2020/21
  • Furnished Holiday Letting
  • PRR: Private Residence Relief
  • IHT: Main Residence Nil Rate Band (RNRB)
  • SDLT: Residential property (dwellings), higher rate 

Read More...


Nichola's SME Tax W-update 21 May 2020

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  • Government ignores Lords’ views on Off-Payroll rules
  • GAAR opinion: Inheritance Tax planning using shares
  • COVID-19: Tracker
  • COVID-19: Future Fund convertible loan scheme
  • Coronavirus Self-Employed Income Support Tool
  • COVID-19: Employee Job Retention scheme
  • COVID-19: Scotland
  • COVID-19: Wales
  • COVID-19: Northern Ireland
  • E share tax scheme fails
  • No relief for In Specie SIPP contributions
  • The costly perils of being a trustee
  • Late payment penalty for partner payment notice

Subscriber CPD/specials

  • Tax planning for directors (Editor's choice)
  • P11Ds: Top tips toolkit
  • Employment-Related Securities: Reporting issues
  • CPD: Dividends
  • CPD: Directors, What Expenses Can I Claim?

Read More...


Nichola's SME Tax W-update 14 May 2020

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  • Starting in Business? Start here
  • Research into tax avoidance scheme users
  • COVID-19: Furlough scheme extended to October 2020
  • COVID-19: Tax appeal deadlines extended
  • Coronavirus is a reasonable excuse
  • COVID-19: Tracker
  • COVID-19: Option to tax deadline extended
  • UK domiciled taxpayer denied closure and must provide information
  • FTT helps care worker by reducing penalties on mileage claims
  • Referees self-employed: No mutuality of obligations
  • No VAT recovery: Opera not directly linked to catering

Subscriber CPD/specials

  • Motor expenses (self-employed
  • Loan Relationships)
  • VAT & Partial exemption
  • Scottish Income Tax: Trusts & Estates
  • LBTT: Additional Dwelling Supplement
  • Cycles & cyclist's safety equipment
  • Assets made available without transfer

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Nichola's SME Tax W-update 7 May 2020

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  • Tax Agents unable to access SEISS claim portal
  • Trust Registration Service: Online amendments finally available
  • Claims and Elections Review: Call for evidence
  • Small Brewer's Relief
  • COVID-19: Self-Employment Income Support Scheme (SEISS)
  • Coronavirus Self-Employment Income Support Eligibility Check Tool 
  • COVID-19: Coronavirus Job Retention Scheme
  • Zero-rating of e-publications moved forward to 1 May 2020 
  • COVID-19: Temporary zero-rating for PPE
  • Northern Ireland Income Tax
  • Scottish Income Tax Rates

Subscriber CPD/specials

  • Reporting capital gains: How to
  • Losses: trading and other losses
  • Losses, trade losses and sideways relief

Read More...

Missed last time's monthly web-update? Get it here...

SME Monthly Summary April 2020

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