13 March 2018 marked the first ever Spring Statement, which has replaced the Spring Budget. The main purpose of the Spring Statement was not to announce immediate tax changes or spending policies, but to give the UK an update on the state of the economy and public finances. Some of the main discussion points were: […]
Summer Budget 2015 announced changes to the way in which some landlords of residential property get tax relief for their mortgage interest and other finance costs. The changes came into effect from April 2017 and so the first tax year that will be affected is 2017/2018. Landlords who let residential property as an individual […]
The General Data Protection Regulation (GDPR) will come into force on 25 May 2018. This will replace the current Data Protection Directive. The aim is give citizens back control of their personal data. All organisations, no matter what size, will be required to comply with the new regulations – the fines for non compliance are […]
HM Revenue & Customs have announced new fuel rates for company cars, which apply to all journeys on or after 1 March 2018, until further notice. For one month from the date of change, employers can continue to use the previous rates or the new rates. Hybrid cars are treated as either petrol or diesel […]
