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This Practical Tax Database and Virtual Tax Partner® Toolkit is your online tax partner. It answers all your key tax FAQs, is packed with useful and practical tax and business guidance.

The information gathered here is split into tax planning guides, FAQs, know-how and tools. With worked examples and tax compliance checklists.

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Hello,

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. 

Hello,

We have been gripped by accounting and IT stories in the news this week.

Hello,

This week we have some bad news for Furnished Holiday Let owners, good news for some care home owners and plenty more for tax enthusiasts.

The chancellor introduced an extended three-year carryback for trading losses at Budget 2021. The measure is included in Finance Bill 2021. It has now been amended to confirm that Furnished Holiday Lettings (FHLs) will not qualify for extended loss relief.

Hello,

We have another fun-packed edition this week as it's time for HMRC's new Agent and Employer Updates, we have news of new COVID-19 grant funding and we are featuring some practical new subscriber guides for 2021-22.

Happy New Tax Year!

The start of the new tax year often provides the impetus for new business start-ups. This year, it may be more a case of re-starting if you have been forced into COVID-19-induced hibernation. If you are re-starting or just planning, the government has just published details of its new range of restart grants and recovery loan funding.

  1. Nichola's SME Tax W-update 1 April 2021
  2. The Taxation of Trusts: a review: Consultation response
  3. Nichola's SME Tax W-update 25 March 2021
  4. No Appeal: New Loan Charge Determinations & Penalties
  5. Call for Evidence: Tax Administration Framework

 

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