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15-11-2018
Finance (No.3) Bill published

Finance (No.3) Bill published

As expected, the government published Finance (No.3) Bill on Wednesday, 7 November 2018. The Bill is so ... read more

15-11-2018
Directors’ loans – tax consequences for your company

Directors’ loans – tax consequences for your company

There are tax consequences for both companies and directors relating to the issue of director’s loans. We ... read more

15-11-2018
Directors’ loans - tax consequences for the director

Directors’ loans - tax consequences for the director

An overdrawn director's loan account is created when a director (or other close family members) 'borrows' ... read more

15-11-2018
ISAs and Inheritance Tax

ISAs and Inheritance Tax

New rules were introduced by the Government in 2015 that allow for the spouse or civil partner of a ... read more

15-11-2018
Employment status of football referees

Employment status of football referees

A recent First-Tier Tribunal case examined the complex issue of whether a group of 60 football referees ... read more

15-11-2018
Holiday let property and Business Property Relief

Holiday let property and Business Property Relief

Business Property Relief (BPR) is an attractive tax relief for taxpayers with business interests, ... read more

15-11-2018
Foreign currency considerations

Foreign currency considerations

There are special rules that must be considered when buying and selling assets in foreign currency. This ... read more

15-11-2018
UK Living Wage rates rise

UK Living Wage rates rise

The Living Wage Foundation (an initiative of Citizens UK) recently announced Living Wage rates for London ... read more

15-11-2018
SDLT payment deadline to be reduced

SDLT payment deadline to be reduced

Stamp Duty Land Tax (SDLT) is a tax that is generally payable on the purchase or transfer of land and ... read more

13-11-2018
Security guidance on encryption and passwor

Security guidance on encryption and passwor

The Information Commissioner's Office (ICO) has published updated security guidance on encryption and on ... read more

07-11-2018
Child Benefit penalties under review

Child Benefit penalties under review

The High Income Child Benefit Charge (HICBC) came into force in January 2013. It applies to taxpayers ... read more

07-11-2018
VAT reverse charge construction industry

VAT reverse charge construction industry

A change to the VAT rules first announced at Budget 2018 will come into effect from 1 October 2019. This ... read more

07-11-2018
Business rates support for the High Street

Business rates support for the High Street

The Chancellor announced a number of measures to help many failing high streets up and down the country, ... read more

07-11-2018
Entrepreneurs’ relief changes

Entrepreneurs’ relief changes

In the Budget, the Chancellor, Philip Hammond announced two changes to the way Entrepreneurs’ Relief (ER) ... read more

07-11-2018
Digital Services Tax

Digital Services Tax

One of the more surprising announcements in the recent Budget was the introduction of a new 2% Digital ... read more

07-11-2018
Using software to make Income Tax updates

Using software to make Income Tax updates

The introduction of Making Tax Digital (MTD) will fundamentally change the way businesses, the ... read more

05-11-2018
Tax Diary November/December 2018

1 November 2018 - Due date for Corporation Tax due for the year ended 31 January 2018. 19 November 2018 ... read more

31-10-2018
Autumn Budget 2018 – Income Tax Rates & Allowances

Autumn Budget 2018 – Income Tax Rates & Allowances

The Chancellor has confirmed that from 2019-20 the personal allowance will increase to £12,500 (an ... read more

31-10-2018
Autumn Budget 2018 - Minimum wage increases

Autumn Budget 2018 - Minimum wage increases

The Chancellor used his Budget speech to confirm that increased National Minimum Wage (NMW) and National ... read more

31-10-2018
Autumn Budget 2018 – Annual Investment Allowance

Autumn Budget 2018 – Annual Investment Allowance

The Chancellor’s announcement of a temporary five-fold increase in the Annual Investment Allowance (AIA) ... read more

31-10-2018
Autumn Budget 2018 – Private Residence Relief

Autumn Budget 2018 – Private Residence Relief

As a general rule, there is no Capital Gains Tax (CGT) on a property which has been used wholly as a main ... read more

31-10-2018
Autumn Budget 2018 - VAT registration and deregistration thresholds

Autumn Budget 2018 - VAT registration and deregistration thresholds

The Chancellor confirmed in his Budget speech that the taxable turnover threshold that determines whether ... read more

31-10-2018
Autumn Budget 2018 - Air Passenger Duty

Autumn Budget 2018 - Air Passenger Duty

Air Passenger Duty (APD) is a departure tax levied on most air travel. Each geographical band has two ... read more

31-10-2018
Autumn Budget 2018 - Alcohol and Tobacco Duty

Autumn Budget 2018 - Alcohol and Tobacco Duty

As part of the Budget measures the Chancellor announced that the duty rates on beers, spirits and most ... read more