SME Tax News

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.

The taxation of ‘Unapproved’ employee share schemes need significant reform according to the Office of Tax Simplification (OTS).

The Low Incomes Tax Reform Group (LITRG) observe that some employers are using travel expenses to top up wage payments for the purposes of the National Minimum Wage (NMW). This practice is incorrect; not only is it unfair on workers it is capable of challenge by HMRC.

 

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