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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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Just a short update this week. We have a new disclosure opportunity for reporting undeclared self-employment income.There are also updates on fixed rate (employee) allowances and the fixed rate allowance scheme (self-employed), including concessionary treatment for 2013/14 tax returns. We hear that HMRC is closing in on self-employed doctors and medical consultants following the Dr Samadian tax case and we have updated our guidance in respect of travel and "wholly and mainly" to clarify some of the points that you have raised.

Second incomes disclosure opportunity was aimed at taxpayers who have not declared any part-time/additional income from self employment. this closed on 7 August 2017.

We're back! We have been away upgrading the website to a new and improved platform. This time we have a bundle of news (freeview) and lots of updates to the subscription (paid) content.

  In Susan Corbett v HMRC [2014] TC 03435, a wife, who had apparently resigned from her husband’s business was still treated as an employee for the purposes of Capital Gains Tax (CGT) relief.

The government is consulting on imposing a capital gains tax (CGT) charge made on gains made by non-residents disposing of UK residential property.

 In Gillens Limited v HMRC [2014] TC 03406 a company was late in making its VAT payment having failed to allow time for a payment to clear. It did not know that HMRC provides an accelerated payment solution in these circumstances (neither did we!).

  1. Pensions: Budget 2014
  2. Budget 2014 - At a glance
  3. Welcome
  4. UK/Swiss Agreement

 

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