By Emma Fisher The definition of associated companies is changing and this is set to impact the rate of tax applied to calculating a company’s taxable profits. The change will come into force from April 1 2023 and will mean that many owner-managed businesses will now have associated companies where …
March 22, 2023
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VAT – Changes to Road fuel Scale Charges (RFSC)
HMRC announced yesterday that later this year, they intend to make changes to the current VAT legislation relating to road fuel scale charges as current …
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HMRC to cap tax reliefs
In an attempt to ensure that higher rate taxpayers make a reasonable contribution to UK tax revenues new legislation is to be introduced from 6 …
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MBO for Cat Tech International
Simom Chapman with the Cat Tech team, a specialist industrial services group that supports the global oil and chemical industries has been acquired in an …
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Budget 2012
On 21 March 2012, the Chancellor delivered his ‘Budget for workers’. This theme brought an increase in the personal allowance to £9,205 and a reduction …