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Nichola's SME Tax W-update 18 May 2023
Hello,
One of our case reports this week concerns a partially successful appeal against a clawback of an employer Coronavirus Job Retention Scheme (CJRS) payment. The First Tier Tribunal (FTT) accepted evidence of physical payment of wages after HMRC rejected what appeared to be a late claim due to a delay in PAYE payroll reporting.
Nichola's SME Tax W-update 11 May 2023
Hello,
This week we have a new 2023-24 guide for Landlords, the ICAEW calls for a re-think on Making Tax Digital for Income Tax (MTD ITSA) and film scheme investors fail in their attempts to sue for negligence.
Nichola's SME Tax W-update 4 May 2023
Hello
In this week's update, we are having a deep dive into HMRC's Tax Administration and Maintenance day documents and consultations. 'TAM' day was last Thursday and we have made you an 'At a glance summary' so you can decide whether you want to learn more.
Nichola's SME Tax W-update 27 April 2023
Hello,
HMRC have just brought out another Agent Update together with Trusts and Estates Newsletter. We also have details of our new Virtual Tax Partner (VtaxP) Tax Workouts.
Nichola's SME Tax W-update 20 April 2023
Hello,
We have something of an 'Employers' Special' this week, with a new Employer Bulletin from HMRC and an Employers What's new 2023-24 guide. There is something for everyone though, as we also have several new season guides for Landlords, Company Directors and other taxpayers.
Nichola's SME Tax W-update 13 April 2023
Hello,
One potential way of tackling the current housing shortage in places like London and the South West is to make it more difficult for home owners to holiday let their properties through sites such as Airbnb or Vrbo. With demand for the ‘staycation’ showing few signs of abating, investor demand for lettable properties is driving up house prices.
The government’s solutions to the problem include the introduction of a short-term let registration scheme and to make home owners apply for planning permission before letting. As the government itself notes, holiday letting spawns its own ‘ecosystem’ of local services, and therefore any measures will have to balance the needs of local employment with local housing.
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