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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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HMRC has decided the extend the online reporting deadline for share schemes and other employment related securities returns by a working week following a spate of techical problems. 

Employees must reimburse their employers for any PAYE due on any notional payments made in the 2014/15 tax year within 90 days of the tax year end (section 22 ITEPA 2003). The deadline is 4 July. 

Do you have any taxable events in terms of Employment Related Securites to report? This is a last chance reminder: it takes up to 7 days to register and the spreadsheet for events in 2014/15 must be filed by 6 July 2015.

This is a freeview 'At a glance' guide to form P45. 

This is a freeview 'At a glance' guide to penalties and Information Notices.

Hello

After a bit of a lull in tax news during the general election we are now going into overdrive. As usual we have cherry picked the best bits for SME advisers. I must apologise about the length of this time's edition, but stay with it: there are a lot of top tips, tax traps and tax cases reported this time which are worth a quick read through.

  1. Tax penalties: a club is not 'a person'
  2. Actor loses battle for tax relief for accommodation costs
  3. In HMRC's Spotlight: the Employers' Allowance tax avoidance scheme
  4. HMRC late filing penalties update
  5. Nichola's SME Tax W-update 27 May 2015

 

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