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

Nichola's SME Tax W-update 27 January 2022

Freeview

  • Stamp Taxes Newsletter: January 2022   
  • Consultation responses: Scottish framework for tax 
  • Consultation outcome: Cryptoasset promotions
  • Consultation: Welsh Tax Acts etc. (Power to Modify) Bill 
  • A landlord? Start here...
  • Video Games Development relief
  • Electric Vehicles: Update
  • Certificates of residence
  • Plug-in car, van & motorcycle grants
  • CoA: Closure notice requires tax liability
  • UT dismisses SDLT MDR appeal  
  • Remuneration trusts: no consistency from the tribunals 
  • Supply of rooms to beauticians: VAT exempt 
  • No input VAT recovery as VAT was not due or paid 
  • HMRC cancelled VAT registration: Late appeal refused 

Subscriber CPD/specials

  • Gift Aid
  • Do I have to file a tax return?
  • Purchase of own shares: multiple completion contracts
  • CGT: how to report
  • Vehicles (4 wheels): Allowance
  • CPD: Business Asset Disposal Relief

Read More...


Nichola's SME Tax W-update 20 January 2022

Freeview

  • Agent update: January 2022 
  • Deferral of new VAT penalty and interest rules to 2023
  • Consultation response: Business rates treatment of self-catering accommodation 
  • Think tank calls for carbon border tax 
  • PAC seeks views on implementing IR35 reforms
  • Technical consultation: Uncertain tax treatment 
  • Sole trader?  Start here... 
  • A new director? Start here...
  • Four-year time limit for MGD repayments 
  • Court of Appeal upholds denial of farming loss relief claims 
  • Employer payments whilst training remained taxable earnings 
  • Revenue Scotland had no right to unilaterally withdraw Closure Notice 

Subscriber CPD/specials

  • Opting to tax land and property
  • Wider impacts: the 2020-21 tax return penalty waiver 
  • Annual Tax on Enveloped Dwellings (ATED)
  • Purchase of Own Shares
  • Employer's What's On: 2021-22
  • Private client: What’s on? 2021-22
  • Insolvency FAQs for directors

 Read More...


Nichola's SME Tax W-update 13 January 2022

Freeview

  • Employer Bulletin: December 2021
  • New COVID-19 support package for businesses affected by Omicron
  • Changes to IHT reporting & increases to probate fees
  • Post-Brexit farming subsidy plan 'blindly optimistic'  
  • Government IT: dysfunctional, damaging & sometimes dangerous
  • HMRC updates guidance on reasonable excuse
  • Budget & Spring Statement 2022
  • Recovery Loan Scheme
  • A new business? Start here...
  • A new partnership? Start here...

Subscriber CPD/specials 

  • Pensions: What happens when you die?
  • Electric Vehicles
  • Goodwill: trade-related properties
  • Directors: Tax planning toolkit for 2021/22
  • Salary sacrifice & optional remuneration schemes (OPRA)
  • Enhanced Capital Allowances: Energy saving plant (inc. vehicles)
  • Cars & Vans: VAT 
  • Agents and principal

 Read More...


Nichola's SME Tax W-update 6 January 2022

Freeview

  • What a year! Top tax hits of 2021
  • 30-day penalty waiver for 2020-21 tax return filing & payment
  • HMRC collects over £1bn from criminals and tax offenders
  • Call for evidence: Additional Dwelling Supplement 
  • OECD publishes 15% global minimum tax rate details that will raise $150 billion
  • COVID-19: taxing coronavirus support payments
  • Partner's criminal charge legal fees allowed
  • Class 3 NICs were paid in error 
  • How to claim back import VAT and duties 
  • Revenue and Customs Brief 15 (2021): Repayment of VAT to overseas business not established in the EU and not registered in the UK  

Subscriber CPD/specials

  • Personal allowance: who is entitled to claim?
  • Basis Year Reform
  • Property Profits & Losses Toolkit 2021-22
  • Dividend taxation for non-UK residents
  • CGT: Loans to traders relief
  • Joint Property: legal v beneficial ownership
  • CPD: VAT: Land and Property

 Read More...


 

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

SME Monthly Summary December 2021


Oak ad
Are you enjoying our content? 

Thousands of accountants and advisers and their clients use www.rossmartin.co.uk as their primary TAX resource.

Register with us now to receive our receive our FREE weekly SME Tax News updates.