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Business

VAT’s mini one-stop shop is ill conceived for small firms

The Pensions Regulator has announced plans for a new auto-enrolment solution to help employers that currently use HMRC’s basic PAYE tools.

The proposals, set out in a consultation document, explain how pensions officials would prefer for employers to buy appropriate payroll software, rather than rely on the Revenue’s free offering, which will not be updated to provide automatic enrolment functionality.

Will roll-over relief apply when a new company is owned by a new partnership?

Capital allowances available on second-hand assets

A partnership (TC4358)

Kumon Educational UK Co Ltd (TC4291)

Are HMRC seeking to influence the structure of business deals?

New opportunities to form and extend VAT groups

What are the implications of a company’s move from trading to investment?

HMRC have published guidance to explain the changes to enterprise investment scheme (EIS) procedures announced in the Budget.

The new measures affect the processing of advance assurance requests and forms EIS1 compliance statements in respect of investments made on or after 6 April 2015. The Revenue will no longer process such requests in respect of companies that:

CRC v Hamilton & Kinneil (Archerfield) Ltd & others, Upper Tribunal

The Bunker Secure Hosting Ltd (TC4349)

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