Missed our SME Tax Web-updates in October? Here is a summary of the month.

Nichola's SME Tax W-update 28 October 2021

Freeview

  • Autumn Budget 2021: At a glance
  • Autumn Budget 2021 Zone
  • PAYE RTI reporting: exception to the rules 
  • Call for evidence: Implementation of Off-Payroll Working rules in the private sector
  • Consultation: tax conditionality regulations
  • No duty of care for accountant who introduced tax scheme promoters  
  • Parent unaware of child benefit claims had a reasonable excuse 
  • Accommodation costs were wholly, exclusively and necessarily incurred 
  • Care home: Input VAT blocked and output VAT due 

Subscriber CPD/specials

  • 2020/21 Self Assessment Tax Return toolkit
  • Running a LLP in tandem with a company
  • Property profits & losses: Toolkit (2021-22)
  • Dividends: Formalities for companies
  • ABC or alphabet shares: directors & employees
  • IHT: Loans and restrictions on liabilities against the estate
  • Capital Goods Scheme
  • CPD: Appeals: How to Appeal a Tax Penalty

Read More...


Nichola's SME Tax W-update 21 October 2021

Freeview

  • HMRC guidance for employment agencies
  • Fail to pay your tax and what might HMRC do? 
  • Making Tax Digital for Agents issue 18: September 2021 
  • Expect new taxes to achieve Net Zero
  • Transfer of UK business to Gibraltar was a transfer of assets abroad
  •  No aggregation of employments for NICs lower earnings limit
  • High Court finds that EBT is valid potentially costing millions
  • Late evidence causes R&D relief claim to fail
  • Multiple DIY housebuilder claims permitted 

Subscriber CPD/specials

  • Vtaxp Practical Tax Conference Q&A: Greatest Hits of 2021-22 & Tax Return Boot camps
  • Vtaxp Practical Tax Conference FAQ: Planning for a rise in Corporation Tax
  • VtaxP Practical Tax Conference Q & A: Demergers demystified
  • Recordkeeping & tax: What, how and until when?
  • Incorporation: Property business/Buy to let
  • Purchase of own shares: Checklist (Masterclass)
  • SRT: Statutory Residence Test
  • LBTT: Land and Buildings Transaction Tax (LBTT)
  • Welsh Income Tax
  • NEW CPD: Business Asset Disposal Relief

Read More...


Nichola's SME Tax W-update 14 October 2021

Freeview

  • Employer Bulletin: October 2021 
  • Agent update: October 2021 
  • 136 countries agree to global Corporate Tax reform
  • Pandora Papers: Issues for advisers
  • HMRC to stop benefit payments to Post Office card accounts 
  • VtaxP Practical Tax Conference Q & A: Running the most tax-efficient accounting practice...ever!
  • No IHT relief for donations to UKIP is justifiable discrimination
  • Ancillary property did qualify for CGT Private Residence Relief
  • Wages paid to Dad, not wholly and exclusively incurred

Subscriber CPD/specials 

  • Land & Property: DIY Housebuilders scheme
  • Accountants fees
  • VtaxP Practical Tax Conference Q & A: Capital Gains Tax on selling up and moving on
  • VtaxP Practical Tax Conference Q & A: IHT planning for accountants
  • Conditionality: taxi, private hire vehicles and scrap licenses 
  • Transfer of assets and income streams through partnerships
  • Settlement anti-avoidance rules
  • Capital reduction: Tax treatment
  • Dividend tax index

 Read More...


Nichola's SME Tax W-update 7 October 2021

Freeview

  • Starting a new accountancy practice? What now?
  • Trying to automate CGT advice, but not doing very well
  • Accountants, make time, IHT isn’t that complex
  • Calendar of tax deadlines
  • Off-Payroll Working: at a glance
  • Diverted profits enquiry did not block closure notice
  • NICs & Partnership agreements: what a tangled web
  • APNs based on PAYE determinations were validly issued
  • Schedule 36 penalties approved by Upper Tribunal 

Subscriber CPD/specials

  • Land & Property: Relevant residential & relevant charitable purpose
  • Transfer of assets and income streams through partnerships
  • Salaried members: When is a partner taxed as an employee?
  • Unlawful, illegal or ultra vires dividends
  • RTI: Real-Time Information for PAYE
  • ABC or alphabet shares: directors & employees 
  • PRR: Private Residence Relief
  • Divorce & Separation: toolkit
  • SDLT: Non-residents' surcharge

Read More...


 

Missed last time's monthly web-update? Get it here...

SME Monthly Summary September 2021


Oak ad
Are you enjoying our content? 

Thousands of accountants and advisers and their clients use www.rossmartin.co.uk as their primary TAX resource.

Register with us now to receive our unique FREE Tax Planning Tips and Advice Guide & our FREE OMB Newsletter.

 

 

 

Enjoying the Practical Tax content on www.rossmartin.co.uk? 

Sign up now to receive a unique FREE Tax Planning Tips and Advice Guide & our FREE Newsletter.

.Squirrel ad