Hello
Just to remind you of the deadline for filing P11Ds and also the P11D(b) NI declaration next week. Also if you have issued or transferred shares to an employee or director, the employment related securities (ERS) reporting deadline is 6 July.
SME Tax News
In R (on the application of Steinfeld and Keiden) v Secretary of State for International Development [2018] UKSC 32, the Supreme Court held the bar on different-sex couples entering civil partnerships breached Human Rights. This potentially has a significant impact on tax law.
In John McFarlane v HMRC [2018] TC06512 the First Tier Tribunal (FTT) dismissed appeals by an unrepresented taxpayer; he did not discharge the burden of proof, had acted carelessly and his agent had acted deliberately.
Hello
Another useful case on take-aways and HMRC best judgement assessments this week, plus the Budget is set for October.
Due to a technical glitch some of you have not received our SME Tax Web-updates in recent weeks. Our publishing policy is 'less is more' and so rather than republish now and risk over-burdening your inboxes we have made you a summary of the content that you may have missed and which you can read at your leisure.
Hello
This week we have the latest HMRC Agent Update which focusses on Making Tax Digital and some practical issues around agent services accounts. We also have our latest Company Tax: What's New? guide which includes the latest cases involving companies and their directors plus a new VAT guide.
HMRC have issued the Agent Update for June/July 2018. We have summarised the key content for you with links to our detailed guidance on the topics covered.
This guide is available to subscribers.
In Jensal Software Ltd v HMRC [2018] TC06501 the First Tier tribunal (FTT) held IR35 did not apply to an IT contractor working for the DWP; the level of control fell far below the sufficient degree required to demonstrate a contract of service.
In JP Whitter (Water Well Engineers) Limited v HMRC [2018] UKSC 31, the Supreme Court (SC) agreed that HMRC did not have to consider the wider impact on the taxpayer’s business when cancelling its Construction Industry Scheme (CIS) gross payment status.