Entrepreneurs’ relief allows people to pay a reduced 10% flat rate of capital gains tax on any gain made from…
Although the tax legislation contains an exemption to prevent employees from suffering a benefit-in-kind tax charge on the staff Christmas party, the exemption is limited in scope and application. It is unwise to assume that there will be no tax to pay…
Going into Budget 2018, between leaks and political instability, few expected Chancellor Philip Hammond would have surprises left to spring.
How wrong we were.
Under pressure to support No 10’s ’end of austerity’ message, bolstered by revised growth forecasts from the Office of Budget…
Chancellor Philip Hammond said he’d take a “balanced approach” to his second Budget of 2017.
Once again the speech was light on headline-grabbing finance changes and there were no ‘giveaways’ or major surprises.
Instead, the chancellor focused on measures to prepare the economy for post-Brexit life.
Raising productivity is key to boosting…
The next Finance Bill will include legislation to reduce significantly the taxable benefit on the provision of low CO2 emission cars from April 2020.
From 2020 there will be a 2% benefit in kind for company cars that emit no CO2 such as…
HMRC toolkits are designed to help minimise the risk of errors in returns and computations and their use, although voluntary, will…
Surely we are doing that already you might say. However, currently businesses are…
As a result of the first Finance Act being rushed through due to the snap General Election the legislation to…