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September 2021
FAQ about whether a client’s Self Employed Income Support Scheme (SEISS) payments received in June and August 2020, will be taxable in the 2021/22 tax year as they were received after his year end.
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September 2021
FAQ about a client who has gone over the VAT registration threshold for the first time and wants to join the Flat Rate Scheme immediately, but there is concern that they won't be able to get any pre-registration VAT back unless it meets the FRS capex criteria.
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August 2021
FAQ about whether a client, who bought and imported some furnishings from the EU, should have paid VAT on the imports. They were not charged VAT by the supplier or freight carrier.
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August 2021
FAQ about dealing with the estate of a deceased client, and the procedure for informing HMRC of the client's assets.
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July 2021
FAQ about the VAT implications for a client who is a residential property developer looking to buy a plot of land where the vendor has opted to tax, and whether the client can disapply the vendor’s OTT.
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July 2021
FAQ about the tax implications for a client who receives a company car from a company, of which he is a shareholder, rather than a director or employee.
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June 2021
FAQ about the reporting of ‘trivial benefits’, such as staff gifts and virtual team lunches, to HMRC.
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June 2021
FAQ about a ‘soft landing’ for not having digital links when submitting VAT returns to HMRC. The firm in question has two strands to their business and for one of them, the accounts data has to be entered in to the MTD portal manually.
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May 2021
FAQ on how the new domestic reverse charge (DRC) VAT rules (which came into force on 1 March 2021) apply within the Flat Rate Scheme.
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May 2021
FAQ on whether HMRC are likely to penalise claimants who received a grant under the Self Employed Income Support Scheme (SEISS), during the Coronavirus pandemic, if they are later found to have overclaimed.
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April 2021
FAQ on the new capital allowance super deduction for brand new plant bought between 1 April 2021 and 31 March 2023 and what happens if the plant is sold on before the end of that period.
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April 2021
FAQ on the VAT implications for a hairdressing business investigating cutting costs by restructuring and switching their current employees to self-employed staff.
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March 2021
FAQ on Capital Gains Tax reporting rules, concerning the gain from a sale of a UK residential property which falls below the annual exemption.
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March 2021
FAQ on services reportable under the Construction Industry Scheme (CIS), concerning whether a client who supplies labour to building firms should be charging VAT after 1 March 2021.
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February 2021
FAQ on the tax treatment for a furnished holiday let (FHL) for the tax year 2020/21, citing the case of a client whose FHL did not meet the 105-day occupancy requirement, due to the coronavirus pandemic.
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February 2021
FAQ on the VAT liability for the fee that an estate agent receives every time he passes on a client to his adviser contact, who arranges their mortgages for them.
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January 2021
FAQ on how VAT rules have changed for British companies selling UK stock globally, now that the United Kingdom has left the European Union.
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January 2021
FAQ about a client who previously had a reduced pension annual allowance, due to their income figures. It examines what the amended rules are for 2020/21.
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November 2020
FAQ on whether a client who lives overseas is liable to pay UK tax on a significant amount of dividends they receive from their Ltd company in the United Kingdom.
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November 2020
FAQ on whether a medically-trained therapist, providing services such as meditation techniques to improve clients' mental health, can claim a VAT exemption for supplies under the health exemption, even though they are not a member of any health professional body.