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

Ross Martin Tax SME News 29 August 2024

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  • Scam emails now target Tax Agents
  • Agent Update: August 2024 
  • One-to-many letter for high earners 
  • Advisory fuel rates from 1 September 2024
  • Free Study Skills Session: Preparing for Your Tax Exams
  • HMRC error costs £588,700 
  • No travel or substance for umbrella agency workers 
  • Employer alert: Savings Scheme breaches NMW

 Subscriber CPD/specials

  • R&D: Contracting out R&D & Externally Provided Workers (EPW) NEW
  • Partnerships: What's New 2024-25 NEW
  • IHT: Loans and restrictions on liabilities against the estate
  • Agency Workers: Employment intermediaries rules (subscribers)
  • Furnished Holiday Letting: What's New?
  • Subsistence (self-employed)
  • AML: Anti-Money Laundering Procedures and Checks

Read More...


Ross Martin Tax SME News 22 August 2024

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  • Employer Bulletin: August 2024 
  • Employee hours RTI data deferred 
  • Free Study Skills Session: Preparing for Your Tax Exams 
  • Redesigned IHT100 forms
  • Private Hire Vehicle Operators: Agent or Principal for VAT purposes? 
  • What does it mean to be a child?
  • No agricultural relief for snail farm

Subscriber CPD/specials

  • Partnerships: What's New 2024-25 NEW
  • Compare software for Making Tax Digital for Income Tax UPDATE
  • R&D: Staff costs & reimbursed expenses UPDATE
  • Abolition of the FHL regime: Briefing UPDATE
  • Transfer Of a Going Concern (TOGC)
  • CGT: Rollover Relief

Read More...


Nichola's SME Tax W-update 15 August 2024

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  • Online platforms: ready for tax changes?
  • ICAEW new £2m PII limit from September
  • One-to-many letter that takes the biscuit
  • Self-assessment: Check for HICBC
  • Local authorities warned on trustee responsibilities 
  • Deathbed gift of registered land to be appealed
  • Not one reason to reject MDR claim
  • Hair loss treatment not zero-rated
  • Director notice: no debarring HMRC

Subscriber CPD/special

  • MTD: Toolkit for accountants UPDATE
  • Digital Platform Reporting NEW
  • Named tax avoidance schemes, promoters, enablers UPDATE:
  • Salaried members: When is a partner taxed as an employee? UPDATE

  Read More...


Nichola's SME Tax W-update 8 August 2024

  • Simple Assessments, seven years in the making 
  • HMRC's interest rates revised
  • One-to-many letter for Investors' Relief claimants 
  • One-to-many letter on cryptoassets 
  • HMRC prompt correct deductions for CIS
  • Tax avoidance litigation league table
  • Declared farming, forgot football 
  • Partnership allocations were miscellaneous income and not capital 
  • No late appeal for failure to respond to Statutory Review 
  • No rewrite of estate return to enhance charitable relief

Subscriber CPD/special

  • Loans to participator pitfalls NEW
  • VAT: Agents and principals UPDATE
  • DOTAS: Disclosure of Tax Avoidance Schemes
  • HMRC one-to-many letters on Agents' responsibilities
  • Associated companies & tests for control
  • Cryptoassets: How are Bitcoin, cryptocurrencies or cryptoassets taxed in the UK?

Read More...   


Nichola's SME Tax W-update 1 August 2024

  • Autumn Budget 2024 announced with a raft of new measures
  • Abolition of the FHL regime: At a glance 
  • Non-domiciled individuals: the new proposals
  • Call for Evidence on carried interest 
  • New cross-border transitional tax rules for multinationals
  • Grants open to Welsh school children
  • VAT on private school fees and removal of business rates relief 
  • Client briefing on Reform to the Non-Domiciled Individuals' regime

Subscriber CPD/special

  • Abolition of the FHL regime: Briefing NEW
  • Finance Acts in 2024: Tax Update & Rolling Tax Planner UPDATE
  • Barristers: Tax Overview
  • Can my company build my house?
  • An Index to Reorganisations, Demergers & Share transactions
  • Buy-to-let ownership: personal v. company?

Read More... 


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

SME Monthly Summary July 2024

 

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