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

Nichola's SME Tax W-update 30 June 2022

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  • HMRC consult on repayment agent protections 
  • Call for evidence: Tourist accommodation registration scheme in England 
  • New 2022-23 CPD programme
  • Women in Parliament: equality in the heart of democracy
  • Women in Finance Charter: loss of momentum?
  • Investing in Women attracts Angels
  • Penalty near-miss for submitting RTI returns too early 
  • Discovery invalid due to 'invented' till receipts 

Subscriber CPD/specials

  • Property profits & losses: Toolkit (2022-23) 
  • LLP v Company: which will save me tax?
  • SDLT: Multiple Dwelling Relief (MDR)
  • Adviser's Guide: Property Business, profits and losses
  • Farming: Overview
  • MTD: Data required by HMRC
  • Groups
  • S.8(1) notice to file a tax return
  • Electric Vehicles: Update 2022
  • Materiality and tax
  • CPD: VAT update 2022

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Nichola's SME Tax W-update 23 June 2022

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  • HMRC increase late payment interest rate again 
  • HMRC release NIC tool     
  • Call for loan charge evidence from professional advisers 
  • P11D/P45 (car) online form issues for electric cars  
  • Consultation: Draft legislation: Energy (Oil and Gas) Profits Levy Bill 
  • Agent Update: June 2022 
  • Penalties: P11Ds
  • Goodwill was not acquired from retiring partner
  • SEIS: film production company meets risk to capital condition
  • Favourable PRR decision: new planning opportunity?

Subscriber CPD/specials

  • Capital Goods Scheme
  • ABC shares: setting up share classes with different rights
  • Buy-to-let ownership: personal v. company? (Subscribers)
  • Landlords: Capital allowances (subscriber guide)
  • MTD: Toolkit for accountants
  • Employment-Related Securities: Reporting 
  • Cycles & cyclist's safety equipment
  • Exemption for paid and reimbursed expenses
  • Discovery Assessments
  • CPD: VAT update 2022

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Nichola's SME Tax W-update 16 June 2022

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  • Joint letter to HMRC: What on earth is going on?
  • R&D Tax Credit payment delay update
  • UK delays global minimum tax rate 
  • Employer Bulletin: June 2022 
  • The benefits of www.rossmartin.co.uk : An inside view
  • Company Articles disrupt shareholder dispute
  • Tax Data Card 2022-23
  • Pension tax charge discovery invalid    
  • No CGT deduction for loan repayment 
  • One share short for £1m Entrepreneurs’ Relief 

Subscriber CPD/specials 

  • De-enveloping Property
  • Incorporation of a property business
  • Freeports: Tax breaks
  • MTD: Data required by HMRC
  • Employment-Related Securities: Reporting issues
  • What expenditure qualifies for plant & machinery allowances?
  • Structures & Buildings Allowance (SBA)
  • Penalties: Errors in Returns and Documents (subscriber version)
  • Energy-Saving Materials
  • Is voluntary VAT registration worthwhile?
  • Agents and principals
  • CPD: VAT update 2022
  • CPD: Change of Basis Periods Part 2. Transitional rules

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Nichola's SME Tax W-update 9 June 2022

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  • Could a payment plan help your Self Assessment bill?
  • Self Assessment 2021-22 returns: Online filing exclusions
  • Revenue & Customs Brief 10 (2022): VAT - business and non-business activities
  • An index to Capital Gains Tax reliefs
  • Debt release not loan relationship profit 
  • No input VAT on luxury items 

Subscriber CPD/specials

  • Starting in business: VAT
  • NEW: CPD: Change of Basis Periods Part 2. Transitional rules
  • Employee Ownership Trusts: An exit route for owner-managers
  • SDLT: Residential property & dwellings
  • Farming: Overview
  • Management Buyout: What are your options?
  • Penalties: CIS (Construction Industry Scheme)
  • Non-Resident Landlord Scheme
  • Penalties: Accountants, Advisers & Agents
  • Client guide: Reasonable care and tax penalties 

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Nichola's SME Tax W-update 2 June 2022

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  • Six in ten taxpayers not ready for MTD for Income Tax 
  • HMRC warn about SDLT repayment agents 
  • Calendar of tax deadlines and new tax measures
  • CGT: How to report
  • Fear of making a mistake not a reasonable excuse 
  • Information requested by HMRC was not reasonably required 
  • £40m interest payable disallowed due to unallowable purpose 
  • Sale of TV studios not a VAT TOGC 

Subscriber CPD/specials

  • Registering for VAT
  • Ceasing trading: What are your options?
  • Mixed members: Partnerships with company members
  • Mutual trading, members clubs and community trades
  • Shares, securities & options: Tax compliance
  • Property profits & losses: Toolkit (2022-23)
  • Deed of variation
  • Gift Aid 

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

SME Monthly Summary May 2022


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