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

Nichola's SME Tax W-update 28 July 2022

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  • Agent Update: July 2022 
  • 60-day CGT returns required despite reporting under Self Assessment
  • 2018 Employment Status consultation outcome is bad news for workers
  • Consultation on improving the data collected by HMRC 
  • Helping taxpayers get offshore tax right, Consultation outcome
  • Directors' responsibilities and duties
  • Time to Pay agreement
  • GAAR: Repayment of a participator loan through transactions involving group companies (freeview) 
  • FTT reluctantly denies CJRS claim 
  • No Business Property Relief for apart-hotels
  • Chaotic records lead to tax on unexplained payments 

Subscriber CPD/specials

  • Land & Property: DIY Housebuilders scheme
  • Is voluntary VAT registration worthwhile?
  • Record-keeping & tax: What, how and until when?
  • Ceasing trading: What are your options?
  • Trust Registration Service
  • Joint property: legal v beneficial ownership
  • Overseas Workday Relief (OWR)
  • Super-deduction & First Year Allowances
  • NEW: CPD: MBOs: How should they be structured?
  • CPD: VAT update 2022

 Read More...


Nichola's SME Tax W-update 21 July 2022

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  • Finance Bill 2022-23: at a glance
  • Another OTS Review of tax simplification
  • Successful year for HMRC in tax avoidance litigation
  • HMRC's 2021-22 Accounts
  • Crypto-crash? There are warning signs
  • Making Tax Digital: A survival guide (for the self-employed & landlords)
  • No partnership no tax relief     
  • Capital Losses allowed despite lack of evidence
  • UT: FTT VAT decision flawed 
  • Invalid invoices prevent VAT recovery 

Subscriber CPD/specials 

  • Land: future consideration (overage)
  • Farming: Overview
  • EMI: Enterprise Management Incentive Scheme
  • Employment-Related Securities & Share Schemes
  • CGT: Date of acquisition or disposal
  • R&D: Capital allowances
  • Super-deduction & First Year Allowances
  • NEW: CPD: MBOs: How should they be structured?
  • NEW: CPD: Setting up a corporate group

 Read More...


Nichola's SME Tax W-update 14 July 2022

Freeview

  • Executors: have you claimed the correct transferable IHT RNRB?
  • Committee inquiry into crypto-asset industry  
  • Crypto & Decentralised Finance Consultation  
  • Sanctions against Russia: update for accountants & advisers
  • Climate Change Committee urges Treasury to use tax to achieve Net Zero
  • CBI pleads for serious and credible tax plans from Tory candidates 
  • CGT: Reporting Obligations
  • Personal Liability Notices
  • Penalties: PAYE and late payment
  • Neglect by director leads to £63k NICs bill
  • Salaried members' rules hit hedge fund bonuses 
  • UT confirms football pitch hire was an exempt composite supply 

Subscriber CPD/specials

  • Flat rate scheme
  • Joint property elections
  • Extracting profits
  • Issuing new shares (planning and pitfalls)
  • Travel (employer's guide)
  • How to calculate a capital gain or loss
  • Grounds for Appeal: Legitimate Expectation
  • Grounds for Appeal: Reasonable excuse

 Read More...


Nichola's SME Tax W-update 7 July 2022

Freeview

  • MTD draft legislation confirms three-line account
  • Live Corporate Criminal Offences investigations halve 
  • Wales: Licensing of visitor accommodation and LTT changes 
  • Consultation on sovereign immunity from direct taxation 
  • Calendar of tax deadlines and new tax measures
  • Compare software for Making Tax Digital for Income Tax
  • Sky football commentator scored as being an IR35 employee
  • Court of Appeal dismisses Land Remediation Relief claim 
  • FTT decides value of shares gifted to charity 

Subscriber CPD/specials

  • Education & VAT
  • Energy-saving materials
  • Company Tax: What’s new? 2022 
  • Non-Resident Landlord Scheme
  • Making Tax Digital for Income Tax: Data required by HMRC 
  • Directors' loan accounts: Toolkit (subscribers)
  • Termination, redundancy and leaving payments
  • High-Income Child Benefit Tax Charge
  • NEW: CPD: Setting up a corporate group

 Read More...


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

SME Monthly Summary June 2022


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