Hello
This time we feature our latest SME Company topical update. With a quite staggering number of changes in both tax and accounting, this is essential CPD for anyone advising or running a company.
Hello
This time we feature our latest SME Company topical update. With a quite staggering number of changes in both tax and accounting, this is essential CPD for anyone advising or running a company.
The Chancellor has published a letter which asks the Office of Tax Simplification (OTS) to conduct a further review of the proposal to use depreciation instead of capital allowances for tax.
In BPP Holdings & Ors v HMRC [2017] UKSC 55, the Supreme Court (SC) dismissed HMRC’s appeal and agreed that they were not entitled to take part in the case proceedings due to a failure to provide information by the agreed due date.
In Charles O’Rorke v HMRC [2017] TC6008, the First Tier Tribunal (FTT) upheld an assessment that a director was negligent so personally liable for the company’s NIC bill.
HMRC have published new advisory fuel rates for company car drivers which will apply from 1 September 2017.
In The Estate of Maureen W. Vigne (deceased) v HMRC [2017] TC06068, a livery business qualified for business property relief; to the lay person it looked and felt like a business therefore it was.
Hello
We are re-featuring a share valuation case this week. It concerns the fall out of shareholders in Lush Cosmetics and it is a really useful case to talk over with clients.
HMRC have published their Employer Bulletin for August 2017. We summarise the key content for you, with links to our detailed guidance on the topics covered.