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This Practical Tax Database and Virtual Tax Partner® Toolkit is your online tax partner. It answers all your key tax FAQs, is packed with useful and practical tax and business guidance.

The information gathered here is split into tax planning guides, FAQs, know-how and tools. With worked examples and tax compliance checklists.

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Hello,

Well done to anyone managing to work in this heat! We have lots of updates for you this week, mainly for employers, trusts and Self Assessment return preparers. 

Hello,

This week we have a 'hybrid working' tax review, a call for evidence on tax reliefs, interesting statistics on Inheritance Tax (IHT), a look at some unusual global tax announcements and record fines for accountancy firms.

Hello,

The government’s extremely tardy response to its 2018 consultation on Employment Status reveals that it’s apparently too difficult to legislate to create a statutory employment test. A great opportunity lost, in my humble opinion.

HMRC have issued their Agent Update for July 2022. We have summarised the key content for you with links to our detailed guidance on the topics covered. 

Hello,

The government has published policy papers and draft legislation with its new proposals for the 2022-23 Finance Bill. You may have heard of some of the new measures but as always in tax, 'the devil is in the detail'.

Wednesday was Legislation Day 'L-day' when the government published some of the draft legislation and consultations that will form Finance Bill 2022-23. Key highlights include measures to relax the CGT rules for divorcing couples, and for LLPs and Scottish partnerships, the tax treatment of farmers' Lump Sum exit schemes, reforms to net pay pensions, tax relief on homes for Ukraine and changes to Research & Development relief.

  1. Nichola's SME Tax W-update 14 July 2022
  2. Nichola's SME Tax W-update 7 July 2022
  3. Compare software for Making Tax Digital for Income Tax
  4. Nichola's SME Tax W-update 30 June 2022
  5. Nichola's SME Tax W-update 23 June 2022

 

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