More recent posts
-
A tax climate suited for employee share ownership?
Amid spiralling living costs, and significant differences between the tax rates on capital gains and income, company share schemes may offer an appealing option both for you and…
-
Plastic Packaging Tax: What you need to know
If you manufacture or import 10 or more tonnes of plastic packaging within a 12 month period, you may need to register for plastic packaging tax. What is…
-
HMRC continues tax campaign on buy-to-let landlords
£17m was collected by HMRC from buy-to-let landlords in the last year, with the Treasury clamping down on the large amount of unpaid tax in the sector. Thousands…
-
Spring Statement 2022 Summary
Chancellor Rishi Sunak has delivered his Spring Statement against a backdrop of rising fuel, energy and food costs. We’ve summarised the headline announcements below: Income tax is to…
-
Sunak considers overhaul of ‘generous’ R&D tax credit system
Chancellor Rishi Sunak has suggested SME businesses are not investing enough into Research & Development (R&D) tax credits to make the current system viable. The Chancellor is frustrated…
-
HMRC recovering £0 in nearly half of all tax investigations
During the 2020-21 financial year, 47% of investigations by the Treasury resulted in no money being retrieved, rising from 31% the previous year. HMRC investigations resulting in no…
-
Tax and electric vehicles… charging points
We’ve previously discussed the tax perks for electric vehicles (EVs) more generally here, but what about installing EV charging points at your business premises? Installation costs Your business…
-
Reaping the rewards of incorporation relief
Whether stemming from self-employed individuals or partnerships, we’re seeing an increased appetite from business owners to move their operations to a corporate model. What are the benefits? Whilst…
-
Tax crackdown announced on second homes
Owners of second homes incorrectly claiming their properties are holiday lets to qualify for tax breaks will be forced to pay council tax rather than business rates under…