Issue: Vol 163, Issue 4201

Where next for the simplified accounting of small businesses, asks SIMON SWEETMAN

Do it only with care, says PHILIP RIDGWAY

REBECCA CAVE considers the interaction of capital losses and entrepreneurs’ relief

MALCOLM FINNEY explains that excluded property is not always as excluded as one might think

MIKE TRUMAN looks at how a retrospective tax on bonuses paid by failed banks could be structured

IAIN MACLEOD reports on a conversation about ITEPA 2003, s 222

A business received a large repayment of VAT as a result of its services being deemed to be exempt from VAT. Is this repayment and the interest paid on it subject to income tax?

A UK employee working for a US bank had bonuses paid into an offshore employee benefit trust. He subsequently took loans from the trust, which were repaid before his employment ceased. After...

A taxpayer used a shared appreciation mortgage, secured on her main residence to purchase a buy to let property. Can any tax relief be obtained on the amount repaid either for capital gains tax or...

An employer pays for the passport applications and renewals and for visas in respect of employees who travel abroad for business purposes. Are these sums allowable for the employer and a benefit in...

Capital allowances on computer purchase; inter-company loans; tax due on gift to son from third party; reporting partnership expenses

Legislative move in reaction to CT cut

New version of LN service

Update to HMRC site

To prevent contributors from delaying payment