This time we have our SME summary of the 2012 Finance Bill, our Adviser's update, our rolling planner for subscribers, plus many new guides and updates.
Scroll down and enjoy
Best wishes
Nichola
Nichola Ross Martin FCA
Tax Director
www.rossmartin.co.uk
Your online Virtual Tax Partner: practical support for accountants, tax advisers and their clients
Essential reading:
Finance Bill 2012
Key measures for the SME adviser broken down into manageable chunks.
Autumn Tax Update
Not the Finance Bill: a summary of interesting tax tips and news
Tax relief on Christmas Parties
That "old chestnut"
Guides and updates
Subscribers only:
Finance Bills and Acts: rolling CPD planner
UPDATED: key issues and what's new
Gifts to staff and trivial benefits and business gifts
UPDATED: to clarify tax relief on business gifts
Entertaining
UPDATED: you may obtain tax relief on some costs of entertaining as this guide explains
Subsistence
UPDATE: case law - where an estimate may be acceptable
Recently updated favourites
ABC or alphabet shares: family companies
UPDATE: consideration of the tax consequences of creating new share classes
Can I back-claim capital allowances on residential property?
UPDATE: a review of current tax breaks to discuss with clients
Running an LLP in tandem with a company
UPDATE: lots of pluses and minuses for professional practices.
PAYE late payment penalties buster
Top tips for employers: you need to change your behaviour - but not quite in the way that HMRC had planned
Updates from last time
Close Investment Holding Companies
UPDATE: two recent reports from the Tribunals indicate how easy it is to overlook the rules
Employment status checklist
UPDATE: three new cases add some dimension to the existing tests
Capital Gains Tax: Entrepreneurs' Relief
UPDATE: comparing the disposal of part of a business and its assets
Recent updates
Furnished Holiday Letting
UPDATE: a major rewrite to include 2011 FA provisions including examples on Averaging and Period of Grace reliefs
Fees and subscriptions (professional bodies)
UPDATED: no tax deduction against employment income if not on HMRC's list
Workplace nurseries
NEW: these continue to attract unlimited exemption from tax and NICs
PAYE: late payment penalties
UPDATE: further guidance for mitigation by clients, with examples
Bona Vacantia & striking off
Our summary of the key issues for advisers to watch out for and advise clients
Retirement: a purchase of own shares
A menu and summary
VAT: a whole new section
Toolkits, practical guides, current reclaim opportunities and updates
Joint property: legal v beneficial ownership
This guide explains the differences, looks at transfer of beneficial ownership, issues for spouses and Declarations of Trust
Capital reduction with a purchase of own shares
UPDATE: this is a very complicated combination, so we have created this checklist
Capital reduction: tax treatment
UPDATE: this guide examines the position where a capital reduction is used and trading is ongoing.
Broadband (Employer's guide)
NEW: our at a glance guide summarises the different combinations and their tax treatment.
Employment status: directors
UPDATE: the difference in treatment of office holders under tax and employment law.
Employment status: partners
NEW: this guide considers a problem for some professional firms.
Business Property Relief: holding companies
UPDATE: following recent queries we have included further examples to deal with mixed trading groups.
Interest: paid on loans from directors
NEW: mini-guide. Is interest paid gross or net? At what rate? Tax relief when irrecoverable.
Valuation (of goodwill) on incorporation
UPDATE: new examples for small & lifestyle businesses.
