SME Tax News

In Oriel Developments Ltd v HMRC [2019] TC7306, the First Tier Tribunal allowed an appeal despite an invalid Rollover Relief claim. The discovery assessment raised was stale so was not valid.

As we begin the count down to Christmas, this is the second gift from our Festive Selection Box of different tax reliefs and exemptions.

HMRC have issued the Agent Update for December 2019/January 2020. We have summarised the key content for you with links to our detailed guidance on the topics covered.

Hello

This week we 'tear the wrapper off' our Christmas Selection Box. With not a chocolate in sight and full of tax 'hacks', we hope that our box of goodies will save you pounds rather than piling them on.

We are celebrating this festive time of year with a Christmas Selection Box of different tax reliefs and exemptions. As it is the time for giving and sharing, we hope that our "Box" will save you pounds rather than adding them!

In RALC Consulting v HMRC [2019] TC7474 the First Tier Tribunal found that IR35 did not apply to an IT contractor; there was no mutuality of obligation, or real control.