In the Summer 2006 issue of the Manson & Partner's Newsletter, Client Briefing:

Contents / Headlines:

• Small Business Rates Relief
  All non domestic or business premises in Scotland with a rateable value of £11,500 or less are eligible for a discount ...
• Company Vans
  At present, an individual who has a van available for private use, which has been provided by his employer, is subject to income tax on a benefit in kind of £500 per annum. From 6 April 2007, the taxable benefit increases to £3,000 and, if fuel for private purposes is also provided then there will be a further taxable benefit of £500.
• Inheritance Tax Treatment of Trusts after 21 March 2006
  The 2006 Budget and Finance Bill include proposals to radically change the inheritance tax treatment of certain types of Trusts ...
• Letting Property in Scotland?
  Landlords who rent residential property in Scotland were perhaps surprised to learn that the Anti Social Behaviour Order (Scotland) Act 2004 had a direct effect on them ...
• Tax Relief for Company Pension Contributions
  Up until A Day (6 April 2006) pension contributions by companies were generally allowable where they fell within certain criteria ...
• Employed or Self Employed
  In the case of Demibourne v H M Revenue & Customs it was held that Mr Bone ... ought to have been treated as an employee ...
• New Accounting Regulations issued for Charities
  The Charities Accounts (Scotland) Regulations 2006 have now been published ...
• HMRC and Internet Auction Sites
  ... HMRC has been taking an interest in and in some cases following up people whom they think are making frequent or regular sales on Internet auction sites ...
• New Tax Return filing dates proposed
  ... Lord Carter of Coles ... recommended that consideration should be given to reducing the filing periods for income tax self assessment and company tax returns ...
• Client Briefing Download
  A PDF file, 105kb