HMRC has recently updated its non-statutory clearances pages to provide more details on the transactions for which it will not provide a clearance service. These include:
SME Tax News
There will be a Summer Finance Bill and also a National Insurance Bill now that MPs are back in Westminster. These were announced in the Queen's Speech last week.
Public authorities have started receiving student loan notifications and messages from HMRC’s Generic Notification Service (GNS) about a failure to deduct repayments from workers caught under the revised IR35 rules.
Hello
Just a short news update this week. We feature a new guide that will answer many of your FAQs: Gardens: selling or developing, CGT or Income Tax treatment?
In Mohammed Salem Kadhem v HMRC [2017] TC05929 director successfully appealed a late filing penalty: there was insufficient evidence to show that HMRC had sent him a notice to file a return and he was unaware that he had any obligations under self assessment.
In James H Donald (Darvel) Limited v HMRC [2017] TC05908 the First Tier Tax Tribunal (FTT) considered whether tax self assessed by related companies could be offset against a liability incurred by a different company following an enquiry.
Hello
This time we feature our Land and Property update and a really interesting business separation VAT case. There is of course much more...
Spring Salmon and Seafood Limited [2017 UKUT 0205 (TCC) the Upper Tribunal (UT) upheld the decision that a terminal loss relief claim was not a stand alone claim.