SME Tax News

Problem paying your tax bill on time? If you are a large company, with billions in assets and paying dividends to your shareholders, then don’t worry HMRC will be generous. If you are a private company and you pay dividends don’t expect the same treatment.

Mrs Lawson appeared to be the sole legal and beneficial owner of a property purchased to provide accommodation for her and her husband’s daughter.

In Robert Gaines-Cooper v HMRC [2011] UKSC 47 an international business man lost his residency appeal in the Supreme Court. Judges decided 4-1 that he had never left the UK when he moved abroad and remained UK resident.

HMRC are conducting research into common errors made in completing tax forms; we thought it would be helpful for them to hear what accountants have to say on the matter.

The Treasury Solicitor's decision to drop its £4,000 concession in relation to Bona Vacantia will raise an eyebrow or two.

Dave Hartnett, HMRC's Permanent Secretary has admitted to MPs that he made a £8 million "error" when agreeing a tax settlement with investment bank Goldman Sachs.