Missed our SME Tax Web-updates in June? Here is a summary of the month.
Nichola's SME Tax W-update 25 June 2020
Hello
The week the House of Commons published its own FAQ on both the coronavirus Job Retention Scheme (JRS) and the Self Employment Income Support Scheme (SEISS), both of these are definitely worth reviewing.
Nichola's SME Tax W-update 18 June 2020
Hello,
We have an unusual mix of news and articles this week covering further coronavirus support measures, negligence claims in failing to mention Capital Gains Tax (CGT) planning opportunities on a business disposal, PAYE assessments made on directors instead of their employers and, new subscriber guides for beta testing.
Not negligent for failing to advise on CGT: It was not in the LOE
In Hugh McMahon v Grant Thornton UK LLP [2012] CSOH 50, a firm of chartered accountants were not found to be negligent in failing to recommend some Entrepreneurs’ Relief planning in the event of a share sale. Such ad hoc advice was not listed within the scope of their personal tax compliance services and had not been requested by the client.
Nichola's SME Tax W-update 11 June 2020
Hello,
This week we feature some really useful and practical guides and of course, all the latest news on government support during these difficult times. Welcome to all our new subscribers; May was a record month in terms of visitors.
Agent update June/July 2020
HMRC have issued the Agent Update for June/July 2020. We have summarised the key content for you with links to our detailed guidance on the topics covered.