Chancellor’s last Autumn Statement
On Wednesday the Chancellor, Philip Hammond, presented his first and what will prove to be his last Autumn Statement to Parliament. Many of the announcements […]
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Tax Saving
Valuation insights: Selling shares for more (or less) than market value
We have recently seen a number of instances where shareholders’ agreements contain a different method for allocating sale proceeds to shareholders from the Articles of
Valuation insights: Selling shares for more (or less) than market value Read More »
Is Higher Rate Pension Tax Relief about to be axed?
There is fervent speculation amongst the financial press that the Chancellor will cut the rate of tax relief for higher and additional rate taxpayers from
Is Higher Rate Pension Tax Relief about to be axed? Read More »
Contractors’ Tax Rules criticised
In a recent report the Office of Tax Simplification (OTS) published a tax complexity index which revealed that the contractor legislation (IR35) is the joint
Contractors’ Tax Rules criticised Read More »
The Autumn Statement 2015
George Osborne spoke for sixty seven minutes in his combined Comprehensive Spending Review and Autumn Statement. As a rough estimate maybe two or three of
The Autumn Statement 2015 Read More »
Research & Development Tax Relief (R&D)
HMRC’s tax incentives for companies investing money in R&D are not new, but it is only in recent years that the number of SME’s taking
Research & Development Tax Relief (R&D) Read More »
HMRC taken to task over response to taxpayers telephone calls
The head of HM Revenue and Customs (HMRC) recently spent an afternoon attempting to defend the department’s inadequate record on answering telephone calls. In answer
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New law for small businesses sneaks under the radar…
Have you implemented the changes in The Small Business, Enterprise and Employment Act 2015 that received Royal Assent in March 2015? Some of the changes
New law for small businesses sneaks under the radar… Read More »
Are you missing out on Tax Relief on Patents?
UK Patent Box allows 10% corporation tax for sales of patented products and patent royalties; existing regime to be closed for new companies in June
Are you missing out on Tax Relief on Patents? Read More »
Retailer liable to pay VAT on value of clothes given to employees to wear while working in the shops
The First-tier Tax Tribunal (FTT) has decided that French Connection is liable to account for VAT on the cost of its clothes given to employees