In a bid to recoup lost revenue from COVID fraud, HM Treasury have launched a 'voluntary repayment scheme' allowing individuals and businesses who overclaimed COVID-19 support to pay the money back, with no questions asked.
SME Tax News
From 22 September 2025, Revenue Scotland will implement changes to the Additional Dwelling Supplement (ADS) repayment request process, requiring documents to be uploaded at the time of making a claim.
The Government has published an interim report, 'Transforming Business Rates', summarising how it plans to improve the operation of the business rates system in England.
In Paul Collingwood v HMRC [2025] TC09624, the First Tier Tribunal (FTT) found that cricket sponsorship income, which had been assigned to a former England cricketer's company, should have been assessed as profits from self-employment.
HM Treasury is inviting representations from stakeholders ahead of the 2025 Autumn Budget on 26 November 2025. The portal for representations closes on 15 October 2025.
Hello,
The Autumn Budget is approaching! This week, the Chancellor Rachel Reeves announced the date of the 2025 Autumn Budget and outlined her priorities for it. The possible content of the Budget on 26 November is causing much speculation, and, of course, you will find comprehensive coverage of Budget announcements on rossmartin.co.uk when the time comes.
In Archer (UK) Limited v Revenue Scotland [2025] FTSTC 10, the First Tier Tribunal (FTT) for Scotland found that a Minute of Variation to extend a lease originally granted under the Stamp Duty Land Tax (SDLT) regime was not a deemed new lease for Land and Buildings Transaction Tax (LBTT) purposes. No LBTT was due.
In Moses Mukuna v HMRC [2025] TC09619, the First Tier Tribunal (FTT) found that tax relief was not available on extensive employment expenses claimed by a bus driver, due to fraudulent behaviour.
HMRC have released their latest property income statistics for 2023-24. The statistics show that property income received by all unincorporated landlords reached its highest point in the last five years, having increased to £55.53 billion, up from £47.44 billion last year.
Missed our SME Tax Updates in August? Here is a summary of the month.