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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

The government published more than 30 tax updates, consultations and other documents this week. These are in addition to the announcements made earlier this month in Budget 2021. As the new documents cover a diverse range of topics, we have picked out some of the highlights and will continue reviewing the other proposals in the coming weeks.

In a recent agent webinar HMRC advised that they will soon be issuing determinations of Income Tax and NICs to taxpayers affected by the loan charge who have failed to include the charge on a 2018/19 Self Assessment return.

HMRC have published a Call for Evidence entitled ‘The tax administration framework:  Supporting a 21st-century tax system’. It seeks views on how the framework might be reformed.

Hello

We have a blend of old and new for you this time as we look at last-minute tax planning for the end of another tax year and topical tax tips for the start of the new one.

Hello

We are continuing our review of budget 2021 this week and we take a look at some of the new consultations. We have been having some debates, internally, on a couple of topical issues: these centre on the practicalities of incorporating a buy-to-let portfolio and on building your own office at home. 

Hello

This week we have Budget 2021 coverage. The freeview guides provide all the essential information, with more detailed guidance for subscribers. As usual we will be drilling down into more detail and bringing out some CPD in the coming weeks.

  1. Budget 2021: At a glance
  2. Budget 2021: Live Speech highlights
  3. Nichola's SME Update 25 February 2021
  4. BBC presenter not an IR35 employee
  5. Nichola's SME Tax W-update 18 February 2021

 

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