SME Tax News

Taxpayers who call the tax credits and self assessment helplines can enrol for voice identification in order to speed up the security process with HMRC.

In HMRC v Personal Representatives of Rachel Staveley (dec’d) & Others [2017] UKUT 004 the Upper Tribunal (UT) found that a failure to exercise pension rights was not a transfer of value.

HMRC have published a response to their consultation ‘Making Tax Digital: Voluntary pay as you go'.

HMRC have published a response to their consultation ‘Making Tax Digital: Tax administration’. 

HMRC have published a response to their consultation ‘Simplifying tax for unincorporated businesses’, part of the Making Tax Digital (MTD) package of consultations. 

HMRC have published a response to their consultation ‘Simplified cash basis for unincorporated property businesses’, part of the Making Tax Digital (MTD) package of consultations. 

The moment that we have been waiting for, HMRC have published their responses to its six Making Tax Digital (MTD) consultations. 

The House of Lords Finance Bill Sub-Committee (FBSC) has made a call for evidence in respect of Finance Bill 2017 provisions for Making Tax Digital (MTD). 

In August 2016 HMRC have publish their response to the six consultations on Making Tax Digital (MTD). We note that they underestimate the real impact costs of making the self-employed and landlords file five tax returns per year.