SME Tax News

The House of Lords Economic Committee's review of the proposed extension to the IR35 Off-Payrolling rules, 'Off-payroll working: treating people fairly', concludes that the rules are flawed and the government should re-think tax and employment status. It also makes some radical recommendations for short-term tax fixes.

HMRC have published their Employer Bulletin for April 2020. We summarise the key content for you, with links to our detailed guidance on the topics covered.

Hello, 

Another bumper edition this week with lots of updates, plus we have added some new guides for Landlords and Working from Home.

In Arron Banks v HMRC [2020] UKUT0101, the Upper Tribunal (UT) upheld the decision to deny Inheritance Tax relief for gifts made to UKIP. There was no discrimination under EU law, the party did not meet the relevant criteria for relief.

Hello, 

As the government continues to update the finer details of its various COVID-19 grant and financial support schemes, I have the feeling that we are trapped in a warped version of 'Groundhog Day' except that there are subtle differences each time we review the guidance.

HMRC have issued the Agent Update for April/May 2020. We have summarised the key content for you with links to our detailed guidance on the topics covered.