SME Tax News

The FSA has stepped in to prevent a firm of accountants from operating an unauthorised collective investment scheme.

UPDATE: Dec 2011 HMRC successfully appealed to the Court of Appeal on the PAYE point - see When a dividend is subject to NICs (Part 3)

The Upper Tax Tribunal has confirmed that dividends paid to a company’s employees under a discretionary bonus scheme involving a third party company were subject to NICs.

The Government has just established the Office of Tax Simplification (OTS). It's first task will be to review tax reliefs and small business tax simplification (including IR35).

Usain Bolt joins the list of sportstars avoiding the UK's stringent tax rules.

In a recent tax case the Tribunal held that customer overpayments are taxable as trading income.

This page is a signpost to take you to our recent new guides and updates following June's Budget.

 

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