The Annual Investment Allowance (AIA) gives businesses the opportunity to claim 100% capital allowances in the year of expenditure on qualifying capital assets. £1 million annual investment allowance extended to […]
Natasha Spicer – Manager In the 2018 Budget, the chancellor announced a new Structures and Buildings Allowance (SBA) which will apply to construction costs incurred on certain buildings such as […]
Previous rules Patent box relief enables companies to claim an effective 10% rate on patent/IP related profits as opposed to 19% based on current corporate tax rates. Under the previous […]
The 12th November 2020 Financial Times headline reads: ‘Overhaul of UK Capital Gains Tax (CGT) urged in review’ following the release of the Office for Tax Simplification’s report into CGT […]
Ed Hussey – People Solutions DirectorDD: +44 (0)1784 497105 Andrew Brookes – Employer Solutions SpecialistDD: +44 (0)1252 541244 EXTENDED JOB RETENTION SCHEME – FROM 1 NOVEMBER 2020 THE GOVERNMENT HAS […]
VAT payments totalling £30billion were deferred between March and June 2020 and are due for payment before 31 March 2021. What if you can’t pay your deferred VAT? HMRC are […]
Brexit Transition Toolkit: Are you prepared? The UK left the EU on 31 January 2020. The terms of the Withdrawal Agreement provided for a Transition Period through to 31 December […]
If you find in this time of uncertainty that you are unable to pay your self assessment income tax liability, there is help at hand. If you have already missed […]
With less than 2 months left to go until the end of the Brexit transition period, UK businesses are still largely in the dark about trading conditions from 1 January […]
Since the Covid-19 pandemic began there have been three key impacts to office real estate. These incorporate several elements from significant deceleration in decision-making, very few people returning to offices […]
Carol Hallam – VAT Specialist Update following the Government’s Winter Economy Plan on 24 September 2020: The temporary reduced VAT rate for hospitality, holiday accommodation and attractions has been extended. […]
The Job Support Scheme due for implementation on 1 November 2020 has been postponed as a result of the second national lockdown announced on 31 October 2020. In its place, […]
The rules regarding residency, previously based on outdated guidance and case law, were finally replaced by the Statutory Residence Test with effect from 6 April 2013. These aim to provide […]
What are the most common trading structures? One of the first things to consider when starting out in business for the first time is the structure the business should take. […]