The Department for Business and Trade's response to its consultation 'Distributing tips fairly: draft statutory code of practice' includes the implementation of the Code of Practice, and the Employment (Allocation of Tips) Act 2023. Workers in tipping industries will be protected from unfair employers pocketing money meant to go to them in recognition of good service.
Garden development date of disposal dilemma
In Andrew Nunn v HMRC [2024] TC09127, the decision to sell off part of a garden to a developer resulted in the owner unwittingly becoming a developer, a fact not missed by the tax tribunal which found his favour terms of Capital Gains Tax (CGT) Private Residence Relief (PRR).
Nichola's SME Tax W-update 18 April 2024
Hello,
Today is ‘Tax Administration and Maintenance Day’, it is not a mini-budget, more of a publishing opportunity for HMRC! It includes details of a proposed new VAT relief for charitable donations which will be consulted on fully later this year.
Nichola's SME Tax W-update 11 April 2024
Hello,
We have a broad variety of tax news and updates for you this week and we have been busy updating some of our core guides, which is always exciting from an editorial perspective.
Consultation on Land Transaction Tax reliefs
The Welsh Government has published a consultation on proposed changes to Land Transaction Tax (LTT) reliefs, which include the abolition of Multiple Dwellings Relief (MDR) from 1 June 2024.
Nichola's SME Tax W-update 4 April 2024
Hello,
This week we have been taking a look at HMRC's annual Trusts and Estates newsletter and their final Employer Bulletin for the tax year. We are now updating a lot of our 'annuals' and also our calculators. We have a list of 'last minute' reminders as follows:
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