More recent posts
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Autumn Statement 2016
Philip Hammond has delivered his first, and last, Autumn Statement, which included revised forecasts for the UK economy, new Government commitments on deficit and debt reduction, spending commitments…
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The proposed changes to corporation tax loss relief
Under current legislation, corporation tax losses carried forward can only be used by the company that incurred the loss, and some losses carried forward can only be set…
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Millions of married couples failing to claim transferable tax allowance
Latest figures from HMRC show that millions of married couples are yet to claim the Government’s transferable tax allowance; the marriage allowance. The marriage allowance was introduced from…
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Tax-Free Childcare
Tax-Free Childcare is a new government scheme which will be launched from early 2017 to help working parents with the cost of childcare. Parents will be able to…
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Minister confirms Making Tax Digital delayed until 2019 for some businesses
Jane Ellison, finance secretary to the Treasury, has recently confirmed that the introduction of Making Tax Digital (MTD) for the majority of businesses will be delayed to 2019…
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If you don’t claim R&D tax credits, your competitors will
The Government’s R&D tax relief is one of the biggest funding sources for innovative UK companies, and a recent survey found that R&D tax credits have proven a…
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Making Tax Digital (MTD)
From 2018 onwards, small businesses, the self-employed and landlords with annual income of £10,000 or more will be required to keep track of their tax affairs digitally, under…
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Tough new sanctions for offshore tax evaders
Tax evaders are set to face tough new sanctions under plans detailed by HM Revenue and Customs today. The proposals will mean that those who do not come…
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Investing for good – social investment tax relief
Social Investment Tax Relief offers potentially generous tax reliefs to those individuals willing to offer financial support to social enterprises. Operating in a similar manner to the existing…