For an overview of recent HMRC guidance generally, see our summary here.
On topics with a particular business tax theme, HMRC have published new helpsheets on the following:
- Averaging for creators of literary or artistic works (Self Assessment helpsheet HS234);
- Calculating doctors’ expenses (Self Assessment helpsheet HS231);
- Capital allowances and balancing charges (Self Assessment helpsheet HS252);
- Interest and alternative finance payments eligible for relief on qualifying loans and alternative finance arrangements (Self Assessment helpsheet HS340);
- Business Asset Roll-over Relief (Self Assessment helpsheet HS290);
- Qualifying care relief for carers (Self Assessment helpsheet HS236);
- Farm stock valuation (Self Assessment helpsheet HS232);
- Self Assessment tax return for Lloyd’s underwriters (Self Assessment helpsheet HS240);
- More than one business (Self Assessment helpsheet HS220);
- How to calculate your taxable profits (Self Assessment helpsheet HS222);
- Overlap relief (Self Assessment helpsheet HS260);
- Self Assessment: Lloyd’s underwriters (SA103L);
- Self Assessment: Partnership Tax Return (SA800);
- Self Assessment: Partnership Statement (full) (SA800(PS));
- Self Assessment: Partnership Trading and Professional Income (SA800(TP));
- Information from your accounts (Self Assessment helpsheet HS229);
- Self Assessment: self-employment (short) (SA103S);
- Self Assessment: Partnership (full) (SA104F);
- Self Assessment: Self-employment (full) (SA103F);
- Relief for trading losses (Self Assessment helpsheet HS227); and
- Self Assessment: Partnership (short) (SA104S).
Related content from Claritax Books
Income Tax is a substantial single-volume guide, now in digital format, to all the income tax issues commonly faced by most accountants and tax practitioners.
