In Antony Phillip Brown v HMRC [2016] TC 05423 the First Tier Tribunal (FTT) found that a taxpayer did not have a reasonable excuse for late filing of an SDLT return.
SME Tax News
In N Bevan Limited v HMRC [2016] TC 05404 the First Tier Tribunal (FTT) upheld a HMRC penalty imposed on a small accountancy firm for not keeping up with their anti-money laundering obligations.
31st October 2016 is the filing deadline for filing a paper tax return under self assessment. It is also the deadline:
HMRC have published their Employer Bulletin for October 2016. We summarise the key content for you, with links to our detailed guidance on the topics covered.
Members of the CIOT and ATT have expressed their concerns about HMRC’s Making Tax Digital Proposals in a survey conducted by the professional bodies.
The Government has dropped plans to create a secondary market for annuities following consultation.
If you want to benefit from transitional relief on investment growth from a disguised remuneration scheme you have to register your interest to settle with HMRC by 31 October 2016.
HMRC have issued their Agent Update for October / November 2016: we have summarised the key content for you with links to our detailed guidance on the topics covered.
From 30 September 2016, advisers must notify clients with offshore investments that HMRC will receive information under the Common Reporting Standard from over 100 other countries about their identity and the investments held.
The leading tax and accounting bodies have published their responses to the Office of Tax Simplification (OTS) discussion papers on small company tax reform, ‘Lookthrough taxation’ and ‘Sole Enterprise with Protected Assets'.