- : Year 09, issue 04

 
Using a company to enhance personal pension funds Publication date: 02.09.2022
Article database
Your clients are a married couple who run their business through a small company. They are approaching retirement age and want to use company profits to utilise their annual pension allowances. Can HMRC refuse a corporation tax deduction?
More
National Insurance ready reckoner for 2022/23 Publication date: 02.09.2022
Article database
There have been major changes to the NI landscape for 2022/23, and more are on the cards. What do clients need to be aware of to ensure that they operate deductions correctly?
More
HMRC changes its view on business vs non-business Publication date: 02.09.2022
Article database
Many not-for-profit organisations receive non-business income that they treat as not subject to VAT. However, HMRC has radically changed its interpretation of the law on this issue. Could this mean increased or reduced VAT payments for some of your clients?
More
Risk to capital condition met Publication date: 02.09.2022
Article database
Risk to capital condition met..Cry Me a River Ltd v HMRC. The company, Cry Me a River Ltd (C), was a special purpose vehicle set up to create a single film. C had successfully obtained advance assurance under the seed enterprise investment scheme (SEIS) that a proposed issue of shares would be qualifying shares. It issued shares in 2017 and 2018, but...
More
What did “period of ownership” mean? Publication date: 02.09.2022
Article database
What did “period of ownership” mean?..Lee v HMRC. Lee (L) bought land with an existing house in 2010. L demolished the house and built a replacement that was completed in March 2013. They lived in the house until it was sold in May 2014. HMRC said that the private residence relief due should be 18/43 of the gain, 43 months being the...
More
Advising on disposals of interests in land Publication date: 02.09.2022
Article database
Your client owns various parcels of land and buildings. They are looking to acquire some tenants under leases of varying lengths, as well as making small outright disposals of land parcels. What are the tax implications they need to be aware of?
More
MTD ITSA pilot expanded Publication date: 02.09.2022
Article database
Making Tax Digital for Income Tax Self Assessment (MTD ITSA) becomes mandatory for some of your clients from 2024. HMRC recently expanded the type of individual that can join the pilot. Who is now eligible?
More
Should the gift be made directly or via a company? Publication date: 02.09.2022
Article database
One of your clients is about to start a holiday lettings company with a cottage to be gifted from their father. Should the gift be made directly to your client or into their company, and what taxes do you need to consider?
More
Getting to grips with the ATED regime Publication date: 02.09.2022
Article database
Your client, a standalone UK limited company, is considering purchasing a UK residential property. They have heard about the annual tax on enveloped dwellings (ATED), but are unsure if it applies, or if any reliefs are available. What should you advise?
More
Is partnership owned car a benefit in kind? Publication date: 02.09.2022
Article database
Your client owns connected businesses - one is a partnership and the other is a company. The partnership provides each partner with a car for personal and business use. Why might a Tribunal case mean this is a taxable benefit in kind?
More

Filter results

You can always narrow/broaden your result by checking and unchecking resources and/or topics and keywords.

Topics and keywords

Last updated: 20.03.2026
Search

More from Indicator - FL Memo Ltd