The Law Society and ATT have again expressed concern that the draft legislation which extends the off-payroll working rules to the private sector fails to protect parties who are not at fault from secondary PAYE liabilities.
SME Tax News
In Alberto Nader, Alison Nader, Harold Dickins & Ors v HMRC [2019] TC06524 the First Tier Tribunal found that a series of transactions designed to reduce the deceased's estate by creating a loan to an offshore trust was ineffective in reducing the IHT due on her death.
The GAAR Advisory Panel has published an opinion on a number of schemes aiming at extraction of cash/value from a company by its directors/shareholders using Employee Shareholder shares and they conclude that the planning is unreasonable and therefore inconsistent with government tax policy.
HMRC's latest Employment Related Securities Bulletin contains some handy tips. Here is our enhanced version.
How to login to Xero. Login to Xero. How to find how to login to Xero, Where is Xero's login.
Can't find the login page, bored of it directing you to its forum? Look no further, its here: https://login.xero.com/
p.s. We are not Xero we just put up this page for some of our clients who say that they can never find the right page on their search engine.
Hello
We have a new guide to company start-ups, a company update and lots more this time.
Switzerland is banning the issue of bearer shares by unlisted companies from 1 November 2019.
It seems that there is currently an issue with HMRC’s ‘VAT when you sell a vehicle’ online tool which is producing incorrect results.
- IHT: Receipts up, reliefs down but paid by just 5% of estates
- Horse trading: no trade, no proof, no loss relief
- EU state aid: Starbucks succeeds, Fiat fails, Apple awaited
- SDLT residential definition not as narrow as for CGT
- Trust statistics: numbers fall as tax liabilities rise
- SME Monthly Summary September 2019