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Action points, issue 4588

20 February 2017
Issue: 4588 / Categories: For Action

Put your client admin into motion.

  • Time is running out to submit your entry to this year’s Tolley Taxation Awards. This is not a time to be modest – think about your team’s achievements and consider entering. This could be your year. The deadline is 3 March 2017

 

  • The taxpayer’s successful appeal in Gravel Road Records illustrates the importance of a business being able to provide evidence of the intention of the activity at the outset especially for VAT purposes.

 

  • Recent Hansard reports give little clue as to parliament’s intentions. Faced with this dilemma the courts have sensibly adopted a presumption that parliament intended precisely what the legislation says.

 

  • From 2018-19 profits above the Class 1 NIC lower earnings limit will give a qualifying year for benefit purposes. However there will be no Class 4 liability until profits exceed the lower annual...

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