News: October 2015 Buying a business? What about capital allowances? Another important consideration when buying a business is tax relief for the plant and machinery of the target company. Where the shares of

News: October 2015 Selling your company? Shares or assets? The corporation tax deduction for acquired goodwill and other intangible assets that has been available to companies since April 2002 mentioned above, has meant

News: October 2015 Updated guidance on employee travel (Booklet 490) HMRC have updated their guidance on employees' travel and subsistence in booklet 490, available on the Gov.uk website. The publication provides numerous examples

News: October 2015 Company car advisory fuel rates These rates are the suggested reimbursement rates for employees' private mileage in their company cars and are reviewed each quarter on 1 March, 1 June,

  Tax diary: All the main tax events for October / November 2015 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months

News: September 2015 Tax relief for replacing furniture in let properties The government announced in the Summer Budget that from April 2016, the current 10% Wear and Tear Allowance for furnished lettings will

News: September 2015 VAT is due on clothing given to employees The high street retailer French Connection has recently lost a case before the Tribunal concerning whether or not VAT is due on

News: September 2015 Bank and other interest to be paid gross from April 2016 As announced in the spring 2015 Budget, a new personal savings allowance will be introduced from 6 April 2016.

News: September 2015 Consultation on changes to personal service companies (IR35) In the Summer 2015 Budget the government announced that HMRC would start a dialogue with businesses on how to improve the effectiveness

News: September 2015 Employment intermediaries consultation on workers' travel The government is also proposing to remove tax relief for ordinary commuting (in general, home-to-work travel) for workers who are: supplying personal services engaged