December 5, 2016 0 Comments

  Currently the business premises renovation allowance provides 100% tax relief for the cost of renovating a commercial property located in one of the 2,000 or so designated disadvantaged areas, provided it has

December 5, 2016 0 Comments

  Currently 100% capital allowances are available when a business buys a motor car with CO2 emissions of no more than 75 grams per kilometer. Legislation has now been passed to reduce the

December 5, 2016 0 Comments

  Finance Act 2016 brought in new rules to ensure that overseas property traders and developers are subject to UK income tax or corporation tax when they dispose of UK properties from 5

November 25, 2016 0 Comments

  The following post seeks to provide an overview of the other matters covered by the Autumn Statement delivered on 23rd November 2016. That is to say, topics such as Making Tax Digital, non-UK domiciles,

November 25, 2016 0 Comments

  The following post seeks to provide an overview of the Capital Taxes covered by the Autumn Statement delivered on 23rd November 2016. Capital gains tax (CGT) rates The current rates of CGT are 10%, to the

November 25, 2016 0 Comments

  The following post seeks to provide an overview of employment and payroll issues covered by the Autumn Statement delivered on 23rd November 2016. Off-payroll working in the public sector From April 2017, where workers

November 25, 2016 0 Comments

  The following post seeks to provide an overview of Business Tax implications from the Autumn Statement delivered on 23rd November 2016. Corporation tax rates Corporation tax rates have already been enacted for periods up

November 25, 2016 0 Comments

  The following post seeks to provide an overview of Personal Tax implications from the Autumn Statement delivered on 23rd November 2016. The personal allowance The personal allowance is currently £11,000. Legislation has already

October 31, 2016 0 Comments

  In 2015/16, over £100 billion was raised through VAT, making it the when for the Treasury.  As such, the United Kingdom is extremely unlikely to abolish VAT after we leave. That said,

October 31, 2016 0 Comments

  Main tax events: November / December 2016 Welcome to the diary pages. Please find below the main tax events for November / December 2016: Date What’s Due 1/11 Corporation tax for year to