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

Nichola's SME Tax W-update 25 May 2023

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  • EIS, SEIS & SITR grow in popularity
  • How to submit P11Ds online when you are not the PAYE agent
  • ICAEW changes to a verifiable CPD model
  • Employed? Claim expenses via HMRC's portal
  • Tonnage Tax: New election window
  • Crown Dependencies agree to adopt global minimum tax rate
  • Non-financial reporting and company thresholds review
  • Advisory fuel rates from 1 June 2023
  • Doctor's employment expenses were unevidenced & unnecessary
  • Wrong wording rules out CGT negligible value claim
  • Sch 55 Late Payment penalty rules continue to confuse
  • DIY Housebuilder secures extra VAT refunds   

Subscriber CPD/specials

  • Which investment relief: IR, BADR, SEIS or EIS? UPDATE
  • Losses, trade losses and sideways relief UPDATE
  • Payrolling of benefits UPDATE
  • Short-life assets UPDATE
  • Enhanced Capital Allowances: Energy saving plant (inc. vehicles) UPDATE
  • Making a tax disclosure (Digital Disclosure Service) UPDATE
  • UPDATE: CPD: Non-Resident CGT: UK Property
  • UPDATE: CPD: Dividend Taxation

Read More...


Nichola's SME Tax W-update 18 May 2023

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  • VAT Registration Helpline switches to email
  • How is MTD for you?
  • CJRS appeal allowed: bank statement provided sufficient evidence of wage bill
  • The Supreme Court clarifies the meaning of a tunnel and an aqueduct for Capital Allowances
  • Government slow to issue fines for non-compliance with the Registration of Oversea Entities regime

Subscriber CPD/specials

  • Employment Related Securities: What's New May 2023 NEW
  • Business Rates: What's new?
  • Loan Relationships UPDATE
  • Purchase (repurchase) of Own Shares UPDATE
  • Trusts & Estates: Exit charge reporting requirements UPDATE
  • Personal Liabilty Notices (PLNs) UPDATE
  • Trusts & Estates: Exit charge reporting requirements UPDATE

  Read More...


Nichola's SME Tax W-update 11 May 2023

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  • Time to re-think MTD ITSA
  • Counsel's opinion is worthless 
  • Online filing exclusions for 2022-23 Self Assessment returns  
  • HMRC staff strike until June
  • Government supports demutualisation protection bill
  • HMRC extends trial of SMS redirection service
  • VtaxP Tax Workouts 2023
  • Doctor's company had to provide details of its income to HMRC
  • RSUs employment reward not capital

Subscriber CPD/special

  • Mixed supplies: Single or Multiple supply?
  • VAT fraud: What is the Kittel principle?
  • Property profits & losses: Toolkit (2023-24) 
  • Loan relationships
  • Tax rules: Different trades
  • Tax-free benefits and perks
  • Dividends: Formalities for companies
  • Client Briefing: Making gifts & IHT
  • How to appeal an HMRC decision
  • NEW CPD: Navigating the rise in Corporation Tax

  Read More...


Nichola's SME Tax W-update 4 May 2023

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  • Tax Administration and Maintenance Day: At a glance  
  • Tax Administration: New Powers for Information & Data condoc
  • Views sought on Off-Payroll Working non-compliance
  • Promoting tax avoidance will be a criminal offence
  • Help to Save Reform consultation
  • Construction Industry Scheme (CIS) reform
  • Cryptoasset tax proposals aim to simplify
  • Charities tax compliance consultation
  • No Child Benefit Charge discovery: father took reasonable care
  • R&C Brief 5 (2023): VAT on medical services carried out by supervised pharmacy staff
  • Italian place of supply for €4 million football transfer fee
  • Agricultural show entry exempt from VAT

Subscriber CPD/specials

  • Herd basis: Farming
  • Payrolling of benefits UPDATE
  • Transactions in Securities UPDATE
  • CGT: Connected persons UPDATE
  • NEW: CPD: Company cars: 2023

 Read More...


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

SME Monthly Summary April 2023


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