Under changes to the European Union Financial Sanctions, a whole range of new businesses must report anyone who they suspect is subject to international financial sanctions to HM Treasury.
SME Tax News
If you use Transcash at the Post Office to pay PAYE, you will need to find an alternative arrangement from December 2017.
HMRC have issued their Agent Update for August / September 2017. We have summarised the key content for you with links to our detailed guidance on the topics covered.
From 1 November 2017, when a UK individual uses a UK mobile phone outside the EU, UK VAT will be charged.
Hello
We have a nice short newswire this time with some interesting case decisions for SME advisers.
In Frederick Henderson & Ors v HMRC [2017] TC06010 the domicile of four children was considered by virtue of their father's and grandfather's domicile of choice and origin.
In X-Wind Power Limited v HMRC [2017] UKUT 0290, the Upper Tribunal (UT) considered whether relief under the Seed Enterprise Investment Scheme (SEIS) was blocked because the company filed an Enterprise Investment Scheme (EIS) (rather than SEIS) compliance statement in error. It was.
In R (Hely-Hutchinson) v HMRC [2017] EWCA Civ 1075 the Court of Appeal found in favour of HMRC: the taxpayer did not have a legitimate expectation that his Mansworth v Jelley loss relief claims would be allowed on the basis of incorrect HMRC guidance.