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Nichola's SME Tax w-update 10 April 2014
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.
Entrepreneurs’ relief and employment status
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.
CGT on non-residents: consultation
The government is consulting on imposing a capital gains tax (CGT) charge made on gains made by non-residents disposing of UK residential property.
VAT: late payment by DD not a reasonable excuse?
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!).
Budget 2014 - At a glance
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