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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.

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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.

A community amateur sports club (CASC) is not a person under tax law, so it cannot be charged a tax penalty under section 98A TMA 1970. 

In Tim Healy v HMRC [2015] TC04425 an actor was unsuccessful in claiming tax relief for renting a flat when working away from home. His admission that he wanted a spare room to accommodate potential guests meant that the expense was not "wholly and exclusively incurred" for the purpose of his business.

  1. In HMRC's Spotlight: the Employers' Allowance tax avoidance scheme
  2. HMRC late filing penalties update
  3. Nichola's SME Tax W-update 27 May 2015
  4. Can a sole director claim redundancy pay?
  5. Penalties: Annual Tax on Enveloped Dwellings (ATED)

 

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