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This week we take a closer look at the criteria for the sign up to the Making Tax Digital (MTD) for Income Tax pilot, we summarise details of the fifth Self-Employment Income Support Scheme (SEISS) grant and we report on some bad news for people with unsettled disguised remuneration loans.
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Our highlights this week include new proposals for Capital Gains Tax (CGT), a Trusts and Estate update and tooth-aching statistics on snack bars.
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The Supreme Court published its decision in the Tooth discovery case this week. The key issue in the case was whether the act of putting the right figures in the wrong place of a tax return could be regarded as making a deliberate error. Making a deliberate error potentially exposes a taxpayer to a 20-year assessment window.
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We have some useful new tools for you this week, all covering some tricky but topical areas of tax.
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This week we feature updates of some useful and topical tax guides, we have a consultation on a new tax for residential property developers, news of more accidental mail-outs by HMRC and a look at what you can do to make your business more environmentally friendly.
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We have been gripped by accounting and IT stories in the news this week.
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