SME Tax News

Our top 7 tips for how to give yourself a clean tax bill of health.

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This time: have you managed to file all your new Making Tax Digital for VAT returns for the June quarter? As more new tax schemes are featured in HMRC's spotlights, the Treasury sub-committee asks for HMRC to report on use of avoidance schemes. We also have a pick of interesting cases, consultations and much more.

We hope that most people have managed to file their VAT returns for the first quarter under Making Tax Digital for VAT. If you are still struggling (as so many of us are), here are some top tips.

The Treasury Sub-Committee's new report 'Disputing Tax' focuses on its two ongoing tax-related inquiries, covering the steps that HMRC has taken to address public concerns around tax avoidance and evasion and HMRC’s approach to conducting tax enquiries and resolving tax disputes and makes new recommendations to HMRC and to the professional bodies.

HM Treasury have published a response to ‘Digital services tax: consultation’, regarding the design and implementation of the proposed new tax to be introduced from April 2020.

Missed our SME Tax Web-updates in July? Here is a summary of the month.