Business

Preserving capital allowances entitlement on a property transfer

The taxation of a builder’s gratuitous payments from satisfied customers

A view of the tenth and last Finance Bill debate sitting

Employer Bulletin 48 published

HMRC have published the consultation VAT: Prompt Payment Discounts to review invoicing and accounting arrangements when prompt payment discounts are taken up in relation to supplies made on or after 1 April 2015.

There will be a change from that date in the way many businesses account for VAT when offering prompt payment discounts will change.

Hamilton & Kinneil (Archerfield) Ltd & others (TC3485)

Howden Joinery Group (TC3396)

Renewable heat incentive payments and taking them into account for tax purposes

Do micro-businesses need a separate, simpler tax system?

Tax issues to consider on the incorporation of a general partnership

An incorporated members’ social club allows visitors to attend functions that it holds. At some of these events most of the participants are non-members. The club has now started to make money from these functions

HMRC anticipates in-year fines for late-filed returns