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SME Tax News

FTT made significant errors of law

Last Updated: 09 August 2023

In Ramasamy Danapal v HMRC [2023] UKUT 00086, the Upper Tribunal (UT) found that the First Tier Tribunal (FTT) had made significant errors of law in concluding that a taxpayer and his accountant had acted carelessly and deliberately. This meant that HMRC’s discovery assessments were in fact out of time. 

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Are your state pension arrears taxable?

Last Updated: 09 August 2023

HMRC are currently undertaking checks to see if Income Tax is due on state pensions arrears that have been paid over the last couple of years to individuals who are in Self Assessment. Those affected should expect to receive a letter in the coming weeks.

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Upper Tribunal confirms Eamonn Holmes was an employee

Last Updated: 09 August 2023

In Red, White and Green v HMRC [2023] UKUT83, the Upper Tribunal (UT) concluded that the First Tier Tribunal (FTT) had acted properly in its approach to its decision that Eamonn Holmes was effectively employed by ITV. Without any error in law, the decision stood.

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Woodlands was residential grounds for SDLT

Last Updated: 09 August 2023

In The How Development 1 Ltd v The Commissioners for HMRC [2023] UKUT 84, the Upper Tribunal reviewed arguments as to whether an inhospitable woodland was residential grounds for Stamp Duty Land Tax (SDLT) purposes: based on recent rulings of the Court of Appeal and Upper Tribunal. It decided that it was.

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Reuters business restructuring documents subject to legal privilege

Last Updated: 09 August 2023

In Refinitiv UK Holdings Ltd & Thomson Reuters Group Ltd v HMRC [2023] TC08743, the First Tier Tribunal (FTT) found that information requested by a Schedule 36 notice was subject to Legal Professional Privilege.

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Group relief rules were proportionate as well as justified

Last Updated: 09 August 2023

In Volkerrail Plant Limited & Ors v HMRC [2023] EWCA Civ 210, the Court of Appeal (CoA) held that the group relief rules were justified in restricting the Freedom of Establishment and the way that it was achieved was, in contrast to the Upper Tribunal's (UT) view, proportionate.

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Digitalising Business Rates Consultation response

Last Updated: 09 August 2023

HMRC have published a response to their consultation 'Digitalising Business Rates: connecting business rates and tax data’.

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SME Tax Monthly Summary March 2023

Last Updated: 03 October 2023

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

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Tourist tax first for Manchester

Last Updated: 09 August 2023

From 1 April 2023, visitors to city centre Manchester hotels or apartments will pay an extra £1 a night, per room in Tourist tax. It makes Manchester the first UK city to bring in the tax. 

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Consultation: Draft regulations - VAT provisions for drink deposit return scheme

Last Updated: 09 August 2023

As part of the Spring Finance Bill 2023, the government has introduced legislation as to how VAT will be accounted for on deposits charged for drink deposit return schemes. Following the introduction, a consultation has been published: 'Draft regulations: VAT provisions for drink deposit return schemes', seeking views on the regulations.

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Subcategories

Archived SME tax news Article Count:  336

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