23Jan
Blog
21Jan
Act now before the Entrepreneurs’ Relief disappears
With the Budget scheduled to take place on Wednesday 11 March, business owners who have considered selling their business should be aware that Entrepreneur’s Relief is reportedly under threat. The [...]
20Jan
The deadline for Pre-Brexit EU VAT Refund Claims is 31 January 2020
As we know, the UK is set to leave the European Union on 31 January 2020. This will have an impact on EU VAT refund claims. The HMRC website advises [...]
16Jan
Is your business exit ready? 5-point guide
If you're considering a sale in the short to medium term, the following five key areas are worth considering now to ensure an easy process and the maximum price for [...]
15Jan
Fines issued by HMRC surge in value by nearly a third in the past three years
In 2018/19 HMRC issued penalties of £816m, an increase from £620m in 2015/16 according to official data. This represents an increase of nearly 32% in three years! This is a [...]
08Jan
New PAYE/NIC cap for companies claiming R&D tax credits
HMRC have introduced a PAYE/NIC cap to repayable R&D tax credit claims made by SME’s for accounting periods starting after 1 April 2020. This cap will restrict qualifying R&D expenditure […]
23Dec
Government makes changes to Disguised Remuneration Loan Charge
As reported previously, the loan charge, which came into effect on 6 April applied to anyone who used disguised remuneration schemes. The legislation added a 45% non-refundable charge on all […]
09Dec
Summary of tax policies announced by the main English political parties
As the parties publish their manifestos ahead of the General Election this week, we provide an outline of the tax policies they are putting forward. Please click here for our […]
05Dec
Falling house prices lead to IHT rebates
A recent Freedom of Information request from NFU mutual revealed that the number of people HMRC has refunded inheritance tax to has more than doubled in the past two years […]
02Dec
Thousands could face tax bills over undeclared pension contributions
HMRC have recently indicated that some high earners are failing to report pension growth on tax returns, and could ultimately face huge bills for undeclared pension contributions. When completing annual […]
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