Highlights of the chancellor's Autumn Statement - live feed.
Money laundering: late registration penalty upheld
In Blackhorse Property Management Ltd v HMRC [2016] TC05449 the First Tier Tribunal (FTT) upheld but reduced a penalty for failing to register under the money laundering regulations.
OTS further review: alignment of income tax and NIC
The Office of Tax Simplification (OTS) has published “Closer alignment of income tax and national insurance: a further review” which sets out analysis and possible options for NIC reform.
Nichola's SME Tax W-update 11 November 2016
Hello
The US presidential election result 'trumped' all other news this week; it has certainly seemed like Brexit+++.
Small company reforms: OTS say 'No' to lookthrough, 'Yes' to SEPA
In November 2016 the Office of Tax Simplification (OTS) published their final reports on small company tax reform, recommending that ‘Lookthrough taxation’ proposals be dropped but those for a new ‘Sole Enterprise with Protected Assets (SEPA)' trading vehicle be taken forward.
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