From 2020 there will be a 2% benefit in kind for hybrid company cars that emit no CO2 such as electric and hydrogen powered cars. The next Finance Bill will include legislation
The Finance Bill due to be debated in early September will finally include the new company loss rules for the set off of company losses that were originally announced in March 2016.
Up until 6 April last year, the distribution of cash to shareholders on winding up your company using a liquidator, was usually taxed as a capital gain, potentially taxed at just 10%
It has also been announced that the second Finance Bill will legislate for all policies that were included in the pre-election Finance Bill but had to be dropped in order to rush
The Government has responded to pressure from accountants and other interested parties and announced the delay of Making Tax Digital for Business to 2020 at the earliest. Quarterly VAT reporting using the
These are the suggested reimbursement rates for employees' private mileage using their company car from 1 June 2017. Where there has been a change the previous rate is shown in brackets. Engine
The Enterprise Investment Scheme (EIS) is designed for smaller, higher-risk trading companies to raise and build finances by offering tax relief to prospective investors. Such incentives are intended to counterweigh some of
There has been much lobbying from the small business sector to reduce business rates. The Chancellor stated that 600,000 small businesses currently benefit from small business rates relief. He also announced
Tax Planning for the New Tax Year 5th April 2017 Your guide to year-end tax planning and beyond Action required before 5 April 2017 While some of us like to keep our options open
New rules that will allow greater flexibility in the way that companies obtain relief for losses will apply to losses incurred from 1 April 2017 onward. These rules have been introduced to
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