SME Tax News

The Office of Tax Simplification (OTS) has published two discussion papers on small business taxation as part of its ongoing review process. 

"A simpler income tax for the smallest businesses: a discussion paper", looks at how income tax may be simplified for the smallest business.

The two main tax professional bodies have given heavily qualified support to HMRC’s plans for a system of enrolment of professional tax agents.

The Government is currently consulting on draft legislation intended to ensure that taxpayers cannot rely on double taxation agreements (DTAs) to avoid tax.

Companies House has announced that it is not going to force compulsory electronic filing on users by 2013 as previously planned.

In Huitson, R (on the application of) v Revenue and Customs [2011] EWCA Civ 893, the Court of Appeal ruled that retrospective legislation does not breach a tax avoider’s human rights.

HMRC has again removed agent status from accountants Christopher Lunn & Co.


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