Consultation on National Statistics on Income Tax liabilities and receipts, and expenses and benefits

There is still time to take part in HM Revenue & Customs’ consultation on its Income Tax liabilities and receipts, and expenses and benefits statistics with users.  The consultation process will end on Friday 29 July 2011.

The aim of the  consultation is to understand how customers use the statistics and how the statistics can be improved to better meet the needs of users.

If you want to take part in this consultation then please fill out the short online form: Income Tax Statistics Survey (Opens new window).


HMRC Toolkits update – May 2011

HMRC has updated its Toolkits named NICs and Statutory Payments; Property Rental; and Capital v Revenue Expenditure, and will update others in the coming months.

HM Revenue & Customs (HMRC) has updated the following Toolkits:

The following toolkits will be updated and published by the end of June:

  • Capital Allowances for Plant and Machinery
  • Capital Gains Tax for Land and Buildings
  • Capital Gains Tax for Trusts and Estates
  • Directors’ Loan Accounts
  • Private and Personal Expenditure
  • Trusts and Estates
  • VAT Input Tax

It’s important to note that if you use the 2009-10 toolkits for your clients’ 2010-11 returns there will be recent legislative changes that may apply.

The Marginal Small Companies’ Relief Toolkit will be updated following Finance Act 2011 to include the revisions to s 27 Corporation Tax Act 2010 that will apply to accounting periods ending on or after 1 April 2011.

The current Expenses and Benefits from Employment Toolkit relates to 2010-11 and will be updated for 2011-12 after the 2010-11 P11D filing date (6 July 2011).

The remaining toolkits all relate to 2010-11.

A new Business Profits Toolkit which highlights the errors seen in sales, expenses and certain technical areas will be published at the end of June.

Read more about, and find the latest toolkits to help reduce errors: http:/ /


Tax news and research

The tax system is always evolving – keeping abreast of these changes can be a challenge.

Our Tax news and research pages aim to bring you the most significant news as it happens. Browse, filter or search our news and archive documents to read the things that matter to you and your organisation. Webcasts, videos and other multimedia materials add extra ways that you can see and hear about the big topics. We’ll raise issues for debate and provide opinions to help you on the way to making informed personal and business decisions.

This free service comes with a weekly email reminder of recent UK highlights, unless you decide you don’t need that. You can also sign up for a monthly newsletter of international developments for the countries in which you’re interested.

We’ll include details of consultations, current practice, legal decisions and Government announcements and more – in short, all you might need to stay on top of tax developments.

New campaign to help get British businesses online

The campaign aims to help 100,000 small businesses and entrepreneurs create their first website and attract new customers online by the end of 2010.

With nearly 17% of all spending is now spent online, there has never been a better time for businesses to get online. The new service allows companies to create their first website without any technical knowledge and then update it from any computer, for free.

You can register with Google and get a free domain name for free.  the link for registration is here:

Google Business Websites

Let me know if this article was useful for you or not.  For your tax and accounting advice, you can contact me via my official website here: