In Parveen Chadda, Eileen Nash & Pauline Moroney v HMRC [2014] TC04151 the First Tier Tribunal considered whether a joint tenancy had been formally severed for IHT purposes.
SME Tax News
The Pensions regulator has created an online registration checklist for employers who are new to pensions auto-entroment.
See: http://www.thepensionsregulator.gov.uk/docs/automatic-enrolment-online-registration-checklist.pdf
HMRC can clock up another victory in tax avoidance litigation. The Court of Appeal has dismissed an appeal by the Eclipse Film Partners No 35 LLP (Eclipse 35), upholding the earlier findings of the FTT, that it was not carrying on a trade.
HMRC have launched a new trial online facility that allows employees to update their own company car details.
Please note that this article relates to the proposals for Orchestra Tax Relief in the original consultation which closed on 5 March 2015. Please see our updated guide Orchestra Tax Relief for the results of the consultation and amended proposals.
The government is consulting on the introduction of a new tax relief for orchestra production companies: it is proposed that this will be similar to Theatre Tax Relief.
In Richard and Julie Jones v HMRC [2014] TC04171, the First Tier Tribunal (FTT) decided that interim dividends, once lawfully declared, could not be reclassified as remuneration subject to Pay As You Earn (PAYE) prior to the insolvent liquidation of a company.
HMRC have issued a consultation document "Improving access to R&D tax credits for small business".
HM Revenue & Customs says that women are better than men at filing their tax returns on time, and that on a region by region basis Londoners miss more filing deadlines than anyone else in the country.
Employment Intermediaries: temporary workers – relief for travel and subsistence expenses. A new consultation proposing radical changes to the employee travel rules closes on 15 February 2015.