Tax Faculty warns that the ‘real losers’ will be ordinary small and medium sized businesses
Right of appeal: application to partnerships
HMRC will monitor the effect of several recent policy initiatives to tackle tax avoidance before considering whether to proceed with measures proposed last year to counter avoidance involving income tax loss reliefs.
Andrew Penman answers a reader's query on tax on a retiring partner.
HMRC has published a brief guide to proposals for a voluntary cash basis, and simplified arrangements for some expenses, for small businesses run by self-employed individuals and partnerships.
Chris Bates and Judy Harrison review the decision of the First-tier Tribunal in Eclipse 35 in which it was held that a film leasing partnership was not trading.
Setting up a company specifically to avoid tax is ‘aggressive tax avoidance’ and should be distinguished from investment in pensions or genuine start-up businesses, the Prime Minister suggested today.
The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order, SI 2012/795, increases to £5,640 with effect from 6 April 2012 the amount that may be subscribed in ISAs offered at the National Savings Bank,
HMRC has launched an Alternative Dispute Resolution service for SMEs, in an effort to resolve disputes ‘much earlier’ than at present and reduce compliance costs.
Laurence Bard reviews the top five developments of 2011 relating to the taxation of SMEs