23Jul
HMRC targets overseas-based UK landlords
The number of landlords living overseas who have come forward to voluntarily disclose tax avoidance on UK buy-to-lets has risen by over 60% in the past year. HM Revenue & […]
Blog
16Jul
HMRC fails to communicate 30-day CGT payment window
From 6 April 2020, anyone selling a residential property will be required to settle any Capital Gains Tax (CGT) charges within a new 30-day payment deadline. Taxpayers will no longer […]
10Jul
Non-compliant employers face auto-enrolment spot-checks
Businesses that flout their workplace pension duties face being subjected to random spot-checks by the Pensions Regulator. Employers that provide details to HM Revenue & Customs (HMRC) are having that […]
08Jul
Magma Team Away Day
Last Wednesday saw both Rugby and Leicester offices enjoying the glorious sunshine at the beautiful Mythe Barn in Atherstone, for our annual social and team building away day. This year […]
13Jun
Should you be making a tax disclosure?
HM Revenue & Customs (HMRC) has a new £100m weapon to help identify individuals who may not be declaring all of their income, and therefore not paying enough tax. The […]
10Jun
Stamp Duty Land Tax – latest HMRC Avoidance Case Victory
Stamp Duty Land Tax – latest HMRC Avoidance Case Victory Based on previous recent verdicts, the latest First Tier Tribunal judgment in favour of HMRC against an annuity-based Stamp Duty […]
22May
Have you completed your P11D form – don’t forget the deadline is 6 July
Where employees were provided with taxable benefits and expenses in 2018/19, these must be notified to HM Revenue & Customs (HMRC). The reporting requirements depend on whether the benefits were […]
15May
Magma Corporate Finance advises on the sale of Ecopac (UK) Limited “Ecopac” to Macfarlane Group Plc
Magma Corporate Finance are extremely pleased to have advised Jonathan Colton, the owner of Ecopac on the sale of the business to listed packaging group Macfarlane. Ecopac is a successful […]
08May
Magma Corporate Finance advises Nottingham based Copley Scientific on the acquisition of Novi Systems
Magma Corporate Finance has advised Copley Scientific, the world leader in inhaler testing equipment, on its acquisition of Novi Systems a company with market-leading expertise in the automation of inhaler […]
03May
Employment Related Shares – reporting deadline 6 July 2019
Where an employee or Director has received shares or share options in their employing company in the tax year to 5 April 2019 these will, in most cases, require reporting […]
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