SME Tax News

HMRC v Rangers: the appeal. HM Revenue & Customs (HMRC) have decided to lodge an appeal to the Upper Tier Tax Tribunal in order to challenge whether payments made to players participating in Rangers EBT were really disguised wages and not loans.

Parliament's Public Accounts Committee (PAC) continued its inquiry into tax avoidance by focusing on the activities of the Big Four accountancy firms on Thursday.

HMRC say that its bank - Santander is having problems with its Bill Pay service. This means that that customers cannot use a credit card or debit card to pay their tax.  The parties are working to resolve of the problem.

The interim members of the new General Anti Abuse Rule (GAAR) advisory panel were confirmed by HMRC last week. The panel is going to oversee the development of the new GAAR guidance.

The government has launched a new “Green Deals loans” scheme. Consumers will need to be careful to ensure that they get a good deal, not least because there are some unexpected issues for those who claim tax relief on working from home.

In this time's web-update we have new guides covering deductions for accountancy fees, sponsorship and employer pension contributions, plus updated checklists and SME tax news.