The Association of Taxation Technicians (ATT) celebrated its 21st Anniversary on 30th September 2010.
Archived SME tax news
The Liechtenstein Disclosure Facility (LDF) is available to anyone with an offshore bank account, providing that the account was not opened through a
HMRC have created a further concession in the light of the PAYE crisis. No interest will be charged on outstanding balances of £2,000 or more.
Following the enactment of the second Finance Act in 2010 in July, August has been a bit quieter. These are our SME Tax highlights from the past month.
From 6 September 2010 new business set up outside London, the South East and East of England will be eligible for a holiday worth up to £5,000 for each of the first ten employees they hire in their first year of business (that is up to £50,000 in total).
The public have submitted over 44,000 ideas to reduce Government Spending and waste though the Treasury’s Spending Challenge website, and now it is time to vote on the best ones.
The First Tier Tribunal has ruled that the VAT value of a supply of a company’s supplies to its director should be a cost rather then open market value.
HMRC has devised and published a simpified valuation method for an employer to use when it transfers the ownership of a bicycle to an employee.
The Government has just launched a consultation is on proposals to tighten up the tax rules for furnished holiday lettings (FHL).
HMRC is said to be traumatised to find that less than 1,500 medics have come forward to make disclosures under the Tax Health Plan (THP).