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

Nichola's SME Tax W-update 24 September 2020

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  • Economy Statement by Rishi Sunak: At a glance
  • COVID-19: Package to support and enforce self-isolation
  • Tax and overvalued goodwill on incorporation
  • CIS: Keep adequate records to support your claims
  • HMRC pay taxpayer's costs despite winning
  • VAT: Ready to trade with the EU from 1 January 2021
  • CIS: Construction Industry reverse charge
  • Transfer of a business offshore sanctioned to avoid irrecoverable VAT
  • Roof insulation was not energy saving for VAT

Subscriber CPD/specials

  • CPD: Land & Property Update (September 2020)
  • Business Asset Disposal Relief (BADR)
  • Finance Act 2020: Rolling Planner & Tracker
  • A 'Start-ups' index for companies

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Nichola's SME Tax W-update 17 September 2020

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  • Support for deferring students
  • COVID-19: Three-month extension for SAO filings
  • COVID-19: Temporary remote witnessing for wills
  • Consultation: The scope of qualifying expenditures for R&D Tax Credits 
  • R&D relief and furloughed workers
  • Trustees granted extra powers to allow for IHT planning
  • R&D relief denied for lack of credible evidence
  • Withdrawal of the VAT Retail Export Scheme

Subscriber CPD/specials

  • Disguised Remuneration 2020 settlement opportunity
  • FAQs for Disguised Remuneration Settlements
  • Finance Act 2020 Tax Update & Rolling Planner
  • Structures & Buildings Allowance (SBA)
  • SDLT: Leases

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Nichola's SME Tax W-update 10 September 2020

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  • Spotlight 56: Disguised remuneration
  • New grants for local COVID lock-down businesses
  • 6,000 in race to settle EBT loans
  • Options amounted to a right to acquire securities
  • Gift Aid carryback must be via an original tax return
  • Presumption of continuity did not apply when trade changed
  • Call for Evidence: VAT Grouping, Establishment, Eligibility, and Registration
  • New VAT brief on charity advertising

Subscriber CPD/specials

  • Offshore company holding UK residential property: Tax issues
  • Selling the business: Deferred consideration and earn outs
  • Employee Ownership Trusts: An exit route for owner-managers
  • The disguised remuneration loan charge
  • Capital allowances: Plant & machinery

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Nichola's SME Tax W-update 3 September 2020

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  • New Kickstart Scheme open for applications
  • Trusts and Estates: What’s New? August 2020
  • Tax increase on single-use plastic bags
  • HMRC upgrades online report and pay CGT facility
  • The articles are definitive: No voting rights, no relief
  • A compromise agreement bonus payment is not a termination payment
  • Place of supply of services

Subscriber CPD/specials

  • Is it worth restructuring to save tax?
  • Demergers: what are your options?
  • De-enveloping property
  • Tax-Free Childcare
  • Brewers: What expenses can I claim?

Read More...

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

SME Monthly Summary July 2020

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