March 2019 - Whitefield Tax - Isle of Wight Accountants

Changes to the capital gains tax on disposals of UK land and property

by Jessica Garbett | Mar 29, 2019 | ACCA, capital taxation, property taxation

Be aware of CGT when disposing of land and property. Return and Payment of Capital Gains Tax within 30 days following the completion day for UK land (including buildings) when there is a charge to capital gains tax. The provisions are contained in Schedule 2 of...

HMRC casts a spell over Harry Potter actor’s tax return

by Jessica Garbett | Mar 27, 2019 | ACCA, business taxation

Wizardry couldn’t help Rupert Grint win a recent tax appeal. In a recent income tax tribunal HMRC showed its powers were powerful enough to overcome an appeal by Rupert Grint (the actor who played Ron Weasley in the Harry Potter films) against an earlier decision...

Getting your 2019 Taxes and Year End to Whitefield

by Jessica Garbett | Mar 26, 2019 | administration

This Content Was Last Updated on April 25, 2020 by Jessica Garbett The end of the tax year is nearly with us. In April the annual tax cycle starts. Here is some guidance on getting tax and accounting information to us. What do we need? Generally, we need A Self...

IR35 – Recent high profile cases – what can be learnt

by Susan Albest | Mar 26, 2019 | IR35, WhitefieldNews

HMRC have failed in their bid to apply IR35 to Albatel Limited, the trading company operated by national TV favourite Lorraine Kelly. Looking at the facts of the case (Albatel Limited v HMRC TC07045), this was never going to bring about what HMRC set out to achieve,...

HMRC fails to have its cake and eat it

by Jessica Garbett | Mar 25, 2019 | ACCA, VAT

HMRC loses £300k ‘chocolate brownie’ VAT case. In Pulsin’s Ltd v HMRC (TC06909) (28 December 2018) the first-tier tribunal allowed the company’s appeal against HMRCʼs decision that zero-rating did not apply to its supplies of ‘raw choc brownies’. The tribunal was...

« Older Entries

Changes to the capital gains tax on disposals of UK land and property

HMRC casts a spell over Harry Potter actor’s tax return

Getting your 2019 Taxes and Year End to Whitefield

IR35 – Recent high profile cases – what can be learnt

HMRC fails to have its cake and eat it

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