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SME Tax News

IR35 and hospital locum: different result for different contracts

Last Updated: 30 August 2023

In George Mantides Ltd v HMRC [2019] TC07202 the FTT reviewed the services of a hospital locum for the purposes IR35 and decided on a different outcome for each of two hospital contracts.

Read more …

Another 'No daily penalties for Scottish LBTT returns' case

Last Updated: 30 August 2023

In Michael Robert Harrison and Sharon Ross v Revenue Scotland [2019] FTSTC 5 the Scottish tribunal again allowed an appeal against daily penalties for late filed LBTT returns; the law on penalties was not complied with.

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Employee liable for company VAT penalty

Last Updated: 30 August 2023

In Mohammed Abdul Malik v HMRC [2019] TC07198 the FTT upheld a personal liability notice for VAT penalties issued to a company employee; he was a manager therefore an officer of the company.

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No daily penalties for Scottish LBTT returns

Last Updated: 30 August 2023

In Begbies Traynor (Central) LLP v Revenue Scotland [2019] FTSTC 4 the Scottish First tier tribunal allowed an appeal against penalties for a late LBTT return; Revenue Scotland had not met the legal conditions to permit them to charge daily penalties.

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Offshore income and gains: there are No Safe Havens

Last Updated: 30 August 2023

Following this year’s spring statement HMRC published its updated strategy on tackling offshore tax compliance, ‘No Safe Havens 2019’ which extended it’s 2014 aims by targeting offshore avoidance as well as evasion.

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SME Monthly Summary June 2019

Last Updated: 30 August 2023

Missed our SME Tax Web-updates in June? Here is a summary of the month.

Read more …

Nichola's SME tax W-update 28 June 2019

Last Updated: 30 August 2023

Hello,

We thought that it was looking quiet on the news front this week, however, there are one or two really useful things, so do read on.

Read more …

Breathing space scheme: consultation on a policy proposal

Last Updated: 30 August 2023

HM Treasury has published its policy conclusions on proposals for a ‘Breathing space scheme’ for individuals suffering from problem debt together with proposals for a statutory debt repayment plan.

Read more …

No requirement to disclose Mutual Agreement Procedure documents

Last Updated: 30 August 2023

In Kevin McCabe v HMRC [2019] TC7145, the First Tier Tribunal (FTT) held that HMRC was not required to disclose documents relating to a “mutual agreement procedure” with the Belgian tax authorities. They were not sufficiently relevant to establishing his tax residency position.

Read more …

HMRC statistics: Share option schemes remain popular

Last Updated: 30 August 2023

HMRC have published statistics on the use of tax-advantaged employee share schemes, such as Enterprise Management Incentives (EMI) for the 2017/18 tax year.

Read more …

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Archived SME tax news Article Count:  336

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