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SME Tax News

UT rules loyalty bonuses are annual payments

Last Updated: 30 August 2023

In HMRC v Hargreaves Lansdown [2019] UKUT 246 the Upper Tribunal held that loyalty bonuses were annual payments and should have had tax deducted at source.

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Non-dom numbers decline again

Last Updated: 30 August 2023

HMRC have released their annual numbers for non-UK domiciled taxpayers and estimates show that the number of non-doms in the UK for 2017/18 have again decreased compared to the previous tax year.

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How digital technology businesses deal with tax

Last Updated: 30 August 2023

HMRC has published ‘Qualitative research to understand digital tech businesses’ about research undertaken to understand how digital technology businesses deal with tax.

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Nichola's SME Tax W-update 8 August 2019

Last Updated: 30 August 2023

Hello

We are publishing a day early this week. As it's 'the silly season'* we have more tax bait, this time seven things you can do to improve your tax health (and that of your employees). Some of them will help your actual health too...

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Tax fit: 7 things you can do to improve your tax health

Last Updated: 30 August 2023

Our top 7 tips for how to give yourself a clean tax bill of health.

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Closure notice invalid: notice of enquiry not validly served

Last Updated: 30 August 2023

In William Tinkler v HMRC [2019] EWCA 1392 the Court of Appeal ruled that a notice of an enquiry sent to a tax agent was not validly served on a taxpayer; the subsequent closure notice was also invalid.

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Informal tax investigation was lawful

Last Updated: 30 August 2023

In JJ Management LLP & Ors, R (On the Application Of) v HMRC & Anor [2019] EWHC 2006 (Admin) the High Court found that an informal investigation by HMRC into the affairs of a business man were lawful.

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Delays to processing R & D Relief claims

Last Updated: 30 August 2023

Institute of Chartered Accountants in England and Wales (ICAEW) members have reported considerable delays in HMRC's processing of Research and Development (R&D) claims, affecting both SME R&D relief and R&D expenditure credit (RDEC) claims. Expected processing time of 4 to 6 weeks has turned into 4 to 6 months.

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Nichola's SME Tax w-update 2 August 2019

Last Updated: 11 October 2024

Hello

This time: have you managed to file all your new Making Tax Digital for VAT returns for the June quarter? As more new tax schemes are featured in HMRC's spotlights, the Treasury sub-committee asks for HMRC to report on use of avoidance schemes. We also have a pick of interesting cases, consultations and much more.

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8 things I wish I had known about Making Tax Digital for VAT

Last Updated: 30 August 2023

We hope that most people have managed to file their VAT returns for the first quarter under Making Tax Digital for VAT. If you are still struggling (as so many of us are), here are some top tips.

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Subcategories

Archived SME tax news Article Count:  336

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