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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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In Hutchings v HMRC [2015] TC04421, the main beneficiary of a deceased taxpayer received a tax penalty for failing to disclose for Inheritance Tax purposes a gift made from his dead parent’s undisclosed Swiss bank account. This is the first case under this legislation.

HMRC have launched a new trial online facility that allows employees to update their own company car details. 

This is a freeview 'At a glance' guide to locating HMRC's 'What's New' page.

This is a freeview 'At a glance' guide to reclaiming s.455 tax paid on loans to participators.

Hello

This week we take a look at a controversial new consultation on travel, review a case on dividends and introduce our new guides to Capital Gains Tax reliefs. We have updates on the new proposals for Entrepreneurs' Relief - a rewrite of our Incorporation guide, and we also provide more detail on the proposals for charging CGT on UK residential property and changing CGT Private Residence elections.

In Richard and Julie Jones v HMRC [2014] TC04171, the First Tier Tribunal (FTT) decided that interim dividends, once lawfully declared, could not be reclassified as remuneration subject to Pay As You Earn (PAYE) prior to the insolvent liquidation of a company.

  1. Male Londoners are most likely to file their tax returns late!
  2. Consultation: Temporary workers – relief for travel and subsistence expenses
  3. Nichola's SME Tax Update 9 January 2015
  4. Private residence relief: a trade or a gain?
  5. Tweet your queries to HMRC

 

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