In Mary Walker v HMRC [2015] TC04646 the First Tier Tribunal reduced the penalties for late filing of a P35 on the grounds of reasonable excuse as HMRC had advised the appellant that they would accept the information submitted on paper.
SME Tax News
In James Dutton-Forshaw v HMRC [2015] TC04644 the First Tier Tribunal (FTT) accepted that a property occupied for only seven weeks was a taxpayer's only or main private residence for Capital Gains Tax.
In James H Donald (Darvel) Ltd and others v HMRC [2015] UKUT 0514 (TCC) two schemes to avoid PAYE and NICs using dividends and partnership profits failed.
Two items from HMRC's Employment Related Securities team.
HMRC have issued their Employer Bulletin for October 2015, and we have summarised all of the key content for you, including a number of misconceptions about RTI which HMRC have identified from feedback they have received from employers.
HMRC have published a consultation document with more detail as to the changes ahead for non-domiciled individuals and inviting views as to how these could best be implemented. Consultation closes on 11 November 2015.
Hello
A number of new consultations have been published in the last couple of weeks although they are often now referred to as "discussion papers". The latest one to catch my eye concerns employee travel and subsistence.
HMRC have published the responses received to their consultation "Tax Enquiries: Closure Rules". It considers whether HMRC should be able to refer certain matters during an enquiry to the tribunal in order to bring about a swifter resolution.
- Closure notice appeal: application to strike out HMRC's argument refused
- Film scheme: no loss relief as no trade
- Voluntary payrolling of benefits in kind: online registration open
- Alcohol Wholesaler Registration Scheme
- Main residence nil rate band: HMRC consultation
- Nichola's SME Tax W-update 1 Oct 2015