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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.

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The Chartered Institute of Taxation (CIOT) is calling for a permanent exemption for small employers for PAYE Real Time Information (RTI) reporting.

Good morning

HMRC's consultation on the Direct Recovery of Debts has led to recent debates by both the CIOT and the ICAEW on HMRC's powers. There is grave concern that HMRC is seeking further use of private tribunal hearings and measures which circumvent the normal appeals process. Reflect on these points, if you will:

HM Revenue and Customs (HMRC) have published a draft Statutory Instrument which proposes a highly controversial change to the 2003 PAYE Regulations: the ability for HMRC to change a PAYE tax code by stealth. It is not clear from any documentation why it needs to make this change.

HMRC has published a list of tax avoidance schemes on which users may be asked for an upfront Accelerated Tax Payment.

HMRC will in the next couple of weeks be able to demand billions in taxes from tax avoidance scheme users under its new Accelerated Tax Payments (ATPs) measures. Payment will be required where a scheme is disputed and it was disclosable under DOTAS.

Rangers wins its 'big tax case', its EBT appeal. Loans made to players were genuine loans.

  1. Nichola's SME Tax w-update 10 July 2014
  2. LLP capital contributions: by 5 July
  3. S162 incorporation relief: speculative activity is a business
  4. CIS helpcards: to claim repayments
  5. HMRC starts annual PAYE reconciliations - check your P800

 

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