G Laithwaite (TC3879)
Could entrepreneurs’ relief apply to shares in a property-owning business?
How new rules affecting buyers and sellers of property are working in practice
Employer Bulletin 50, the October 2014 edition of HMRC’s bi-monthly update, includes articles on issues including real-time information penalties, PAYE payment deadlines, vans benefit charge, the student loan threshold, and HMRC helplines. Extracts follow.
HMRC have made some changes to the employment payment summary (EPS).
Highlights from the event held at Baker Tilly’s Bloomsbury offices
By Ray Chidell and Dave Jennings; £138.50 for both volumes/£87.50 each; paperback; 938 pages; Claritax Books
Allocating capital allowances between two businesses
Maintaining the benefit of previous losses against future business profits
Are businesses enjoying the full benefits of R&D relief?
The Revenue plans to raise the supervision fees charged to firms under anti-money laundering regulations.
The tax department has launched an informal consultation on the structure of the levies, which was set in 2010 to include a registration and renewal payment of £110 for each premises, and a £50 fit-and-proper test fee per director, beneficial owner, nominated officer and other person exercising effective control of the business.
HMRC have launched a webinar to show the connection between the completeness and accuracy of a self assessment (SA) tax return and the quality of supporting records.
Self Assessment Tax Returns – Expenses Risks and Concerns is aimed at all agents, especially new advisers and those who file SA returns for small and medium-sized enterprises that include expenses claims.
Live sessions are available throught October:
...is another man’s poisson. Comparative costs of employee taxes and labour in the UK and France