HMRC have published a summary of responses to their consultation ‘Hidden economy conditionality – Northern Ireland and Scotland’, which closed earlier this year.
SME Tax News
HMRC have published a summary of the responses to the Consultation: Making Tax Digital for Corporation Tax, which closed in March.
In John Charman v HMRC [2021] EWCA Civ 1804, the Court of Appeal held that share options were taxable when they were granted not when exercised, and restricted shares were issued by virtue of the taxpayer's employment.
In The Queen (on the application of) The Motherhood Plan & Kerry Chamberlain v HM Treasury & HMRC [2021] EWCA Civ 1703, the Court of Appeal (CA) upheld the High Court's dismissal of a judicial review of the lawfulness of the Self-Employment Income Support Scheme (SEISS) on the basis that whilst discriminatory it was justified.
HMRC have released a report on the ‘Use of marketed tax avoidance schemes in the UK (2019 to 2020)'. It provides an update on what they know about the tax avoidance market, how big a problem it is and what they are doing to combat it.
In Gray & Farrar International LLP v HMRC [2021] UKUT 0293, the Upper Tribunal (UT) a dating matchmaking service was confirmed to be a supply of consultancy for VAT. This means that is outside the scope of VAT when dealing with non-EU clients.
HMRC have published a consultation, Stamp Duty Land Tax: Mixed-Property Purchases and Multiple Dwellings Relief. The aim is to collate views on how to achieve fair tax outcomes and to prevent Stamp Duty Land Tax (SDLT) abuse for mixed property transactions and for Multiple Dwellings Relief (MDR) claims.
HMRC have published their responses to their March 2021 Call for Evidence ‘The tax administration framework: supporting a 21st century tax system’.
HM Treasury has released ‘2021 Review of the Office of Tax Simplification: Final Report’ which summarises its review of the Office of Tax Simplification (OTS) in its role as independent adviser to the Chancellor on simplifying the tax system.
Missed our SME Tax Web-updates in November? Here is a summary of the month.