HMRC have published a response to their consultation ‘Simplifying tax for unincorporated businesses’, part of the Making Tax Digital (MTD) package of consultations.
SME Tax News
HMRC have published a response to their consultation ‘Simplified cash basis for unincorporated property businesses’, part of the Making Tax Digital (MTD) package of consultations.
The moment that we have been waiting for, HMRC have published their responses to its six Making Tax Digital (MTD) consultations.
The House of Lords Finance Bill Sub-Committee (FBSC) has made a call for evidence in respect of Finance Bill 2017 provisions for Making Tax Digital (MTD).
In August 2016 HMRC have publish their response to the six consultations on Making Tax Digital (MTD). We note that they underestimate the real impact costs of making the self-employed and landlords file five tax returns per year.
In Lars Sjumarken v HMRC [2016] UKUT 0568 the Upper Tribunal (UT) held that the value of lost share options could not be used to reduce taxable income on termination of employment.
HMRC have published a response to their 2016 consultation on ‘Strengthening the Tax Avoidance Disclosure Regimes for Indirect Taxes and Inheritance Tax’.
HMRC have published a response to their 2016 consultation on ‘A penalty for participating in VAT fraud’.
In G Nonyane v HMRC [2017] UKFTT TC05577, the First-Tier Tribunal (FTT) found that the discovery assessment issued to a taxpayer claiming not to know about the new High-Income Child Benefit Charge (HICBC) was valid.
Ahead of the 31 January filling deadline HMRC have released a list of the most outlandish expense claims they saw in 2014/15.