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

Nichola's SME Tax W-update 27 July 2023

Freeview

  • Agent Update: July 2023 
  • Consultation on extending the medical BIK exemption
  • Finance (No. 2) Act 2023 finally published
  • Lords press to close offshore entity loopholes
  • Prolific puppy breeder hid sales
  • Input VAT claimable on fund-raising share sale
  • Starting in business? Start here...

Subscriber CPD/specials

  • Land & Property: an Adviser's Tax Update 2023-24
  • LLP v Company: which will save me tax?
  • PAYE late payment penalties buster
  • Register of Overseas Entities: Agent Guide
  • Register of Persons with Significant Control UPDATE
  • R&D Tax Relief: Overview UPDATE
  • Pensions: Tax rules and planning
  • Super-deduction & First Year Allowances UPDATE
  • Annual Investment Allowance (AIA): Related companies UPDATE
  • Full expensing & First Year Allowances UPDATE
  • CPD: VAT Penalties Update

Read More...


Nichola's SME Tax W-update 20 July 2023

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  • Legislation Day: At a glance
  • Phone helplines: Customers love 'em, but HMRC has other ideas
  • Enquiry into Sexism in the City
  • Consultation to close EOT and EBT loopholes
  • How Post Office Horizon Compensation receipts are taxed UPDATE
  • Designer's business overvalued on incorporation
  • Accommodation App was a tour operator for TOMS
  • 14-year prison sentences for tax fraud

Subscriber CPD/specials

  • Motor expenses (self-employed)
  • Partnership agreements: What should be considered?
  • Off-Payroll Working: PSCs & Private Sector Engagers
  • R&D: 'Large Company' Scheme (RDEC) Guide
  • Land & Property: an Adviser's Tax Update 2023-24
  • Non-domicile status, deemed domicile & tax
  • AML: Anti-Money Laundering Procedures and Checks

  Read More...


Nichola's SME Tax W-update 13 July 2023

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  • Overlap relief information available from end of August 2023 
  • Online agent facility trialled for old postal queries 
  • HMRC fines 419 businesses for AML non-compliance 
  • Proposals remove professional bodies as AML supervisors  
  • Car allowance payments were not fully subject to NICs
  • Doctor's accommodation fails wholly & exclusively test
  • AML: Anti-Money Laundering glossary

Subscriber CPD/special

  • Partnerships: What's new 2023-24? NEW
  • Business Asset Disposal Relief (Entrepreneurs' Relief): Disposal of a business
  • Termination, redundancy and leaving payments 
  • Register of Persons with Significant Control (client briefing)
  • SDLT: Residential property & dwellings
  • IHT Agricultural Property Relief
  • Companies: Permanent establishment & residence
  • Statutory Review (by HMRC)
  • NEW: CPD: Maximising Expense Deductions for Businesses

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Nichola's SME Tax W-update 6 July 2023

Freeview

  • Non-doms & IHT stats: the COVID-19 effect
  • Divorce did not prevent HICBC charge
  • Late inclusion for RTI denies another CJRS claim
  • UK/US Treaty residency determined by domestic law
  • Cosmetic treatments standard rated for VAT

Subscriber CPD/specials

  • Transfer of Assets Abroad (TAA) UPDATE
  • Plastic Packaging Tax UPDATE
  • LLP v Company: which will save me tax? UPDATE
  • What is the 2023/24 PAYE tax code?
  • Welsh Land Transaction Tax (LTT) UPDATE
  • Investment Zones: Tax breaks UPDATE
  • Joint property elections UPDATE
  • How to disclaim the Personal Allowance UPDATE
  • A tax guide to investment bonds UPDATE
  • Economic Crime Levy
  • NEW: CPD: Maximising Expense Deductions for Businesses

 Read More...


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

SME Monthly Summary June 2023


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