SME Tax News

In Tony Michael Jimenez v FTT [2019] EWCA Civ 51 the Court of Appeal overturned the High Court decision and ruled that a Schedule 36 information notice issued to a taxpayer abroad was valid.

The government has released a ‘Review of WLTP and vehicle taxes’ which seeks evidence on the impact of a change to using the World Harmonised Light Vehicle Test procedure (WLTP) to measure CO2 emissions on Vehicle Excise Duty and Company car tax from April 2020.

Hello

Welcome to another web-update. We have a new Finance Act and new guides to Making VAT Digital. As HMRC have not put out anything useful on the topic of digital exclusion we have created our own guide.

HMRC have once again updated their guidance on the loan charge being introduced in April 2019 and how to settle with HMRC.

The government has launched a consultation on plans to introduce a Stamp Duty Land tax (SDLT) surcharge for non-residents buying residential UK land and property.

In J Charman v HMRC [2018] TC06899 a taxpayer was found to still be UK resident when he received a founders fee of £1.7m; he had started to cut ties with the UK but not yet made a decisive break.