SME Tax News

A taxpayer has received a tax code of K33,200. Does this set a new UK record?

Do you know the maximum size of a trailer (including caravans) that may legally be towed by cars?

What relevance has this to tax?

Shock, horror? It has been reported in the press that an unrepresented taxpayer was hit with a 70% tax geared penalty for overclaiming his CIS refund. 

 

Small employers will not be penalised if they fail to file their P35 end of year returns for 2009/10 online.

There is a new online facility for employers when no P35 is due.

The Government has dropped the changes proposed to the Furnished Holiday Lettings (FHL) tax regime and amended rates of duty for cider in the 2010 Finance Bill.