More recent posts
-
Holiday let qualifies for business property relief due to ‘exceptional service’
In the case of Executors of Joyce Graham (deceased) vs. HMRC, the First-tier tax tribunal (FTT) has ruled that a holiday letting business qualified for business property relief…
-
Shorter tax payment window for buy-to-let landlords from 2020
Owners of second homes and buy-to-let landlords are likely to have a shorter period to pay any capital gains tax (CGT) which arises on disposals, under planned changes…
-
Making the most of R&D tax claims
Research & Development (R&D) tax claims are becoming more and more common – HMRC’s own statistics, as well as general noise in the market place, both suggest the…
-
HMRC has collected over 5m taxpayers’ voices without consent
HM Revenue & Customs (HMRC) has been accused of breaching data protection laws by collecting and storing more than 5m records of taxpayers’ voices without their permission through…
-
Magma retains Leicester Professionals’ Table Tennis Title
Last night saw the 2018 renewal of the HSBC organised Professionals’ Table Tennis tournament. First and foremost, it was a great evening, with generous support pledged for the chosen…
-
Construction services to become subject to UK VAT reverse charge from October 2019
From 1 October 2019 a VAT reverse charge will apply in the UK to supplies of construction services. Draft regulations have been published for consultation, setting out the…
-
P11D filing deadline is now close
Just to remind all employers, the deadline for submitting P11D forms to HM Revenue & Customs (HMRC) is 6 July. This is also the date by which employers…
-
What happens if you do not report payroll information on time
HM Revenue & Customs (HMRC) will charge penalties if: your Full Payment Submission (FPS) was late you did not send the expected number of FPSs you did not…
-
Disguised remuneration settlement deadline
HM Revenue & Customs (HMRC) has extended the deadline to take advantage of a settlement opportunity by four months for contractors and others who have used disguised remuneration…