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

Nichola's SME Tax W-update 31 August 2023

Freeview

  • R&D Relief for your sensory garden
  • Advisory fuel rates from 1 September 2023
  • Charges like ULEZ are tax deductible
  • Calculating Corporation Tax: At a glance
  • Child Trust Funds

Subscriber CPD/specials

  • Land & Property VAT (Subscriber guide)
  • Named tax avoidance schemes, promoters, enablers UPDATE
  • Penalties: Senior Accounting Officers UPDATE
  • IHT: Loans and restrictions on liabilities against the estate UPDATE
  • Accounting periods and tax basis periods
  • Ceasing trading: What are your options?
  • AIA & WDA: Rules where there is a change of rate

Read More...


Nichola's SME Tax W-update 24 August 2023

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  • CT600 submission response delays
  • Employer Bulletin: August 2023 
  • Tax in the 'silly season': UK IHT pipped by cow 'burp tax'
  • High-End Television claim half of creative industry reliefs 
  • Loan relationships: Look to wider group for unallowable purpose
  • At a glance: How to calculate Inheritance Tax
  • A new company? Start here

Subscriber CPD/specials

  • Tax planning for university (parent's guide)
  • Divorce & Separation: Toolkit UPDATE
  • Share for Share exchanges UPDATE
  • Goods or services for VAT UPDATE
  • Groups (VAT) UPDATE
  • What expenditure qualifies for plant & machinery allowances? 
  • NEW: CPD: Landlords Update 2023

  Read More...


Nichola's SME Tax W-update 17 August 2023

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  • Agent Update: August 2023 
  • RTI returns due for payments to director 
  • Basic CGT principles not understood
  • No exemption from HICBC for someone else's child 
  • Provisional and estimated figures in tax returns NEW
  • Small Producer Relief (alcohol) NEW

Subscriber CPD/special

  • Employer’s What’s On: 2023/24
  • Flat rate scheme: Farmers UPDATE
  • Food: Catering and takeaway UPDATE
  • What expenditure qualifies for plant & machinery allowances?
  • Ceasing trading: What are your options? 
  • NEW: CPD: Landlords Update 2023

  Read More...


Nichola's SME Tax W-update 10 August 2023

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  • Another HMRC late payment interest rate rise 
  • HMRC reports record levels of CGT 
  • Agents concerned about MTD despite HMRC concessions
  • Field was residential, although it's hard to tell why
  • SRT: Looking after alcoholic twin is not an exceptional circumstance 
  • CGT reporting: when & how? 
  • Anti-Money Laundering: do you need to register? 
  • Probate: At a glance NEW
  • Trust Registration: At a glance NEW 

Subscriber CPD/specials

  • Medical clinic supplies standard rated for VAT
  • Employer’s What’s On: 2023/24 UPDATE
  • Structures & Buildings Allowance (SBA) UPDATE
  • National Insurance for landlords UPDATE
  • Education & VAT UPDATE
  • Penalties (VAT) UPDATE

 Read More...


Nichola's SME Tax W-update 3 August 2023

Freeview

  • Tax reliefs uncosted, complicated & abused
  • Basis Period reform: At a glance 
  • HMRC falsifies bankruptcy order 
  • Named tax avoidance schemes, promoters, enablers
  • VAT: land & property (signpost) 

Subscriber CPD/specials

  • Farming: Tax Overview
  • Accounting periods and tax basis periods
  • Partnerships: How to prepare partnership and partners tax returns
  • Accommodation: With travel or temporary workplaces
  • Directors: Tax planning toolkit for 2023/24
  • Acting for a trust? Start here…
  • SDLT: Linked transactions
  • Named tax avoidance schemes, promoters, enablers
  • CPD: VAT Penalties Update

 Read More...

 

 


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

SME Monthly Summary July 2023


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