SME Tax News

It took ten years to re-write the 1988 Income Tax Act (ICTA 1988), but was it all worthwhile? Ipsos MORI was asked by HMRC to conduct a survey.

HM Revenue & Customs (HMRC) have published a new discussion document on "Working with Tax Agents: Dishonest Conduct.

The Low Incomes Tax Reform Group (LITRG) have published a guide for people who receive tax repayment letters from HM Revenue and Customs (HMRC).

Failure to prepare accounts according to Generally Accepted Acccounting Practices (GAAP) for tax purposes led to an expensive discovery claim for the taxpayer and allegation of negligence for his acccountant.

HM Treasury have issued a consultation document outlining a new scheme to encourage people to donate pre-eminent objects or works of art to the nation.

This time we bring you one of our regular Adviser Tax Updates.

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