Missed our SME Tax Updates in June? Here is a summary of the month.

Ross Martin Tax: SME Tax News 26 June 2025

Freeview

  • Agent Update 132: June 2025
  • Small businesses account for 60% of missing taxes
  • Employer Bulletin: June 2025
  • HMRC issuing incorrect SA302 calculations (update)
  • Spotlight 71 warns agency workers about umbrella companies
  • R&C Brief 3 clarifies VAT position of charitable events
  • R&C Brief 4: VAT recovery on pension fund management
  • One-to-many letters: Tracker
  • No reasonable excuse for late filing of ATED returns 
  • University joint venture was VAT-exempt
  • FTT sympathises for upholding discovery assessments after Apostle misled taxpayer

 Subscriber CPD/specials 

  • CGT: Rollover Relief: Exchanges of joint interests in land
  • Company Tax: What's New? FY2025 NEW
  • MTD: Toolkit for accountants UPDATE
  • Private Intermittent Securities and Capital Exchange System (PISCES) UPDATE
  • Loans: Employment-related (beneficial loans) UPDATE
  • Investment bonds & tax UPDATE
  • Full expensing & First Year Allowances UPDATE

Read More...


Ross Martin Tax SME News 19 June 2025

Due to company meetings and training, there was no weekly edition on 19 June 2025.


Nichola's SME Tax W-update 12 June 2025

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  • Treasury's tax policy making principles
  • HMRC's handling of phishing incident 'unacceptable' 
  • Government feedback on taxation of carried interest
  • Failure to claim Multiple Dwellings Relief a 'mistake'
  • Income from jointly owned property taxable on one owner
  • Strictly Ballroom means standard-rated for VAT

Subscriber CPD/special

  • Cryptoasset Reporting Framework (CARF)
  • IHT: Pre-owned Asset Tax (POAT)
  • Compare software for Making Tax Digital for Income Tax UPDATE
  • Sole trader v. limited company: Tax differences & savings (2025/26)
  • Divorce & Separation: Toolkit
  • BEPS & Diverted Profits Tax (for SME owners)

   Read More...


 Nichola's SME Tax W-update 5 June 2024

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  • New guidance on MTD and professional standards
  • Unauthorised access of HMRC online accounts 
  • One-to-many letters: Tracker
  • No trade, no Entrepreneurs’ Relief
  • Capital reduction not exempt from TiS rules
  • Supercar driving experiences qualified for VAT reduced rating
  • Walkers ‘Sensations Poppadoms’ standard rated for VAT

Subscriber CPD/special

  • Estates: Income Tax and Capital Gains Tax
  • R&D: Claim Notification UPDATE
  • Special Relief
  • Energy-Saving Materials
  • Board and lodging adjustments
  • Vans and Commercial vehicles

   Read More...  


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

SME Monthly Summary May 2025