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SME Tax News

SSE reform: consultation response

Last Updated: 31 August 2023

HMRC have published a response to their consultation earlier this year on ‘Reform of the substantial shareholdings exemption’.

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Follower notices and Accelerated Payment Notices

Last Updated: 31 August 2023

HMRC have just issued some guidance for taxpayers who receive a follower notice or accelerated payment notice.

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Company loss relief: consultation response

Last Updated: 31 August 2023

HMRC have published a response to their consultation earlier this year on ‘Reforms to corporation tax loss relief’.

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Limitation of Salary Sacrifice: consultation response

Last Updated: 31 August 2023

HMRC have published a response to their consultation earlier this year: ‘Consultation on salary sacrifice for the provision of benefits in kind.’

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Closure notices: appeal strike out rejected

Last Updated: 31 August 2023

In B&K Lavery Property Trading Partnership v HMRC [2016] UKUT 0525 the Upper Tribunal (UT) rejected an application to strike out an appeal on the grounds that HMRC had raised an argument not included in their closure notice.

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Ultra low emission company cars: consultation response

Last Updated: 31 August 2023

HMRC have published a response to their consultation earlier this year on ‘Company car tax for ultra low emission cars (ULEV)’.

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Disguised remuneration: Finance Bill 2017 changes

Last Updated: 31 August 2023

Finance Bill 2017 introduces more rules to target disguised remuneration, including a charge on all remaining untaxed loans and extending the rules to the self-employed and partners.

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FTT disagrees with HMRC on late payment of R & D costs

Last Updated: 31 August 2023

In Gas Recovery and Recycle Ltd v HMRC [2016] TC05473 the First Tier Tribunal (FTT) despite making a different interpretation of the rules to HMRC denied a claim for R&D relief: expenditure was not paid for until after the claim was made. 

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PSCs and the public sector: consultation response:

Last Updated: 31 August 2023

HMRC have published a response to their consultation earlier this year on ‘Off-payroll working in the public sector: reform of the intermediaries legislation’.

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Notifying HMRC about offshore structures: consultation

Last Updated: 31 August 2023

HMRC have published a consultation ‘Tackling offshore tax evasion: A requirement to notify HMRC of offshore structures’ as part of their ongoing offshore tax evasion strategy.

Read more …

Subcategories

Archived SME tax news Article Count:  336

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What's new?

  • SME Tax Update 23 July 2026
  • Legislation Day 2026 (subscribers)
  • Consultation on tax treatment of predevelopment costs
  • Agent Update 145: July 2026
  • Simplifying treaty relief from withholding tax on overseas interest
  • Simplifying the taxation of offshore interest consultation response
  • Aligning recovery time limits of NICs with Income Tax
  • 2026 Loan Charge settlement terms
  • New settlement terms for disguised remuneration loan charge
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  • SME Tax Update 16 July 2026
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  • Response to call for evidence on the Taxation of Stablecoins
  • Agent Update: Making Tax Digital for Income Tax
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