Hallidays Latest Business & Tax Issues including Making Tax Digital

This month’s newswire from Hallidays keeps you up to date with the
latest business and tax issues including Making Tax Digital and a call for tax on social media businesses.

Making Tax Digital for VAT
HMRC is phasing in its landmark Making Tax Digital (MTD) regime. Click here for the full story

Call for tax on social media businesses
A group of MPs has called on the government to tax the profits of social media businesses. Click here for the full story

Reporting Benefits in Kind – Forms P11D The forms P11D which report details of benefits and some expenses provided to employees and directors for the year ended 5 April 2019, are due for submission to HMRC by 6 July 2019. Click here for the full story

Additional Brexit advisory documents for small businesses
The government has published additional documents containing advice on Brexit for UK small businesses. Click here for the full story

Delay to rise in probate fees
The government has delayed its planned increase in probate fees indefinitely. Click here for the full story

Update on Structures and Buildings Allowance
Chancellor Philip Hammond delivered the Spring Statement on Wednesday 13 March 2019 amidst all the Brexit debates. Click here for the full story

Changes to income tax for 2019/20
The new tax year brings changes to income tax bands and allowances. Click here for the full story

HMRC wins disguised remuneration avoidance case
HMRC has won a legal case over a contractor loan scheme endorsed by Hyrax Resourcing Ltd. Click here for the full story