Hello
This is probably our last Web-update of the year. We are rounding off with some good news: HMRC have changed their guidance for directors.
SME Tax News
HMRC's latest Trusts and Estates newsletter contains some useful information. Here is our enhanced version.
The House of Lords' Economic Affairs Committee has issued its report “The Powers of HMRC: Treating taxpayers fairly” dealing with HMRC powers and taxpayer safeguards.
After several recent tribunal cases on the subject HMRC have amended its guidance about whether a director has to file a tax return.
HMRC have issued the Agent Update for December 2018/January 2019. We have summarised the key content for you with links to our detailed guidance on the topics covered. We have kept to HMRC's order of contents, it is not quite all 'SME', but there are some interesting items.
In Leverton Search Ltd v HMRC [2018] TC06786 a company successfully appealed late filing penalties: no employment intermediaries returns were actually due as the company was not a 'specified employment intermediary'.
It may be a leak, however HMRC’s plans for Making Ambridge Digital 'M.A.D.' accidently went public together with the government's 'Get me out of a Hard Brexit' papers on HMRC's What's New? pages last week.
Hello
What a week, in politics not tax. I was not going to mention the 'B' word though, as enough is enough.
The draft Scottish Budget for 2019/20 was announced by Scottish Finance secretary Derek MacKay on 12 December 2018 as planned.
In Gary Hymanson v HMRC [2018] TC 6815, the FTT determined that a taxpayer did not lose his fixed protection certificate because he made a mistake in making payments to his pensions.