SME Tax News

Something for a Friday...revised internal guidance on beer.

This is our rolling update. We will add points of interest as we note them throughout the month, and update our guides on these topics as we go.

The release of loan to a participator who was also a director was, in the absence of any evidence to dicate otherwise, treated as earnings for NICs purposes.

January may be over but wake up! There is never a dull minute in UK tax. These current consultations may have a major effect on SME owners and advisers.

A short update. I am gearing up for next week's Adviser update (it's a really interesting one as it goes).

The Public Accounts Committee (PAC) has severely criticised HM Revenue & Customs (HMRC) for a whole catalogue of extraordinary and costly failures which have befallen the department in the past year.

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