Scottish Limited Partnership reforms
The government has announced a new crackdown to close loopholes that have been exploited by those using Scottish Limited Partnerships (SLPs). SLPs and Limited Partnerships (LPs)
Information Commissioner’s Office announces new lawful basis interactive...
The Information Commissioner’s Office (ICO) has announced that it has produced a lawful basis interactive guidance tool to assist businesses in determining which lawful basis is
Sugar tax takes the sweetness out of soft drinks
The new Soft Drinks Industry Levy came into effect with the start of the new tax year on 6 April 2018. The Levy commonly known as the ‘sugar tax’, has been put into effect to help
The GDPR is coming
There are now just 7 weeks to go until the new data protection regulations become law on 25 May 2018. The new provisions known as the General Data Protection Regulation (GDPR)
Finance Bill receives Royal Assent
The Finance Bill 2017-18 officially known as Finance (No.2) Bill 2017-19, received Royal Assent on 15 March 2018 following agreement by both Houses. The Bill is now an Act of
Information Commissioner’s Office publishes introduction to the Data...
The Information Commissioner’s Office (ICO) has published a 77-page introduction to the Data Protection Bill, to help businesses navigate their way around the Bill and focus on the
Wales takes over taxes starting from April 2018
The Welsh tax devolution will begin next month when Wales, the Welsh Government and the National Assembly for Wales, become responsible for some of the taxes paid in Wales for the
What is reasonable care?
HMRC expects that taxpayers take ‘reasonable care’ over their tax affairs and do everything reasonably within their power to ensure that tax returns and other relevant documents
Tax Diary March/April 2018
1 March 2018 – Due date for corporation tax due for the year ended 31 May 2017.
2 March 2018 – Self assessment tax for 2016/17 paid after this date will incur a 5% surcharge.
19
Appealing to a tax tribunal
There are a number of different options open to taxpayers that disagree with a tax decision issued by HMRC. The first step is to make an appeal to HMRC against the tax decision. If