Missed our SME Tax Updates in May? Here is a summary of the month.
Ross Martin Tax: SME Tax News 29 May 2025
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- Advisory fuel rates from 1 June 2025
- HMRC issuing incorrect SA302 calculations
- Increase in SEIS investments but decreases in other investor reliefs
- One-to-many letters: Tracker
- AI fails to help taxpayer in HICBC appeal
- Successful appeal against R&D discovery assessment
- ToAA rules applied to rent-free house occupation
- Orthodontic aligners were VAT-exempt
Subscriber CPD/specials
- CGT: Rollover Relief: Exchanges of joint interests in land
- IHT: Normal Expenditure Out of Income (gifts)
- Market Gardening: Tax Overview
- Salary sacrifice & optional remuneration schemes (OPRA)
- Land & Property: DIY Housebuilders scheme
- IHT: Pre-owned Asset Tax (POAT)
Ross Martin Tax SME News 22 May 2025
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- Agent Update: May 2025
- One-to-many letters: Tracker
- Struck-off solicitor Baxendale-Walker issued with Stop Notice
- Wealthy tax dodging a bigger problem, says NAO
- Late tax return filing penalties quashed
- Mental health unit ‘bedroom wing’ construction was not zero-rated
- Vitamin drips were medical care for VAT
Subscriber CPD/specials
- PAYE: Starter checklist new employee 2025-26 NEW
- Spotlight 63: Property business arrangements involving hybrid partnerships UPDATE
- Registering for VAT UPDATE
- IHT: Residence Nil-Rate Band (RNRB)
- Business Investment Relief (BIR)
- IHT: Long-term non-resident spouses (previously non-domiciled spouses)
Nichola's SME Tax W-update 15 May 2025
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- Another decrease in HMRC's interest rate
- One-to-many letters: Tracker
- Spotlight 70: VAT grouping structure arrangements used by care providers
- Loan novation resulted in Income Tax charge
- FTT denies sideways loss relief
- Online maths tests not VAT exempt
- Private Residence Relief granted on £27 million disposal
Subscriber CPD/special
- Land Remediation Relief (LRR) NEW
- Sole trader v. limited company: Tax differences & savings (2025/26)
- Staff Suggestion Schemes
- Compare software for Making Tax Digital for Income Tax
- CGT: Loans to traders relief
- Education & VAT
Nichola's SME Tax W-update 8 May 2024
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- Spotlight 69: Liquidation of an LLP used to avoid CGT
- Employment-Related Securities Bulletin April 2025
- Changes to share stamp taxes planned
- HMRC's productivity down, costs up and businesses hurt, say MPs
- HMRC's £1bn, 15-year tech tender
- Distribution of share premium was subject to Income Tax
- IHT chargeable on gifts made with reservation
- Supply of telematics devices for insurance VAT-exempt
Subscriber CPD/special
- Capital Allowances: What's new 2025-26 NEW
- Mandatory payrolling of benefits from 2027: Briefing NEW
- Tradespeople: Tax Overview
- EIS: Enterprise Investment Scheme (Subscriber guide)
- Travel (employer's guide)
- Trusts & Estates: What’s New 2025/26
Nichola's SME Tax W-update 1 May 2024
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- HMRC's Spring 2025 tax update
- Agent Update: April 2025
- HMRC to close agent and customer online forums
- Valuation Office subsumed by HMRC
- Revenue and Customs Brief 2 (2025): Use of VAT grouping within the care industry
- Consultation: VAT treatment of business donations to charity
- Consultation responses to tackling non-compliance
- Consultation on improving HMRC's approach to dispute resolution
- Separate annexe granted MDR
Subscriber CPD/special
- Finance Acts 2025-26: tax update and Rolling Tax Planner
- Averaging claims
- Corporate Interest Restriction (CIR)
- National Insurance: What's the maximum payable?
- Joint property: Legal v beneficial ownership
- Health and welfare: VAT
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SME Monthly Summary April 2025