News: January 2015 R&D tax credits increased In order to further encourage innovation in the UK, the Government has announced an increase in R&D tax relief for the SME sector from 225% to

News: January 2015 No tax relief for the write off of goodwill on incorporation One of the anti-avoidance measures announced in the Chancellor's Autumn Statement was a proposal to block the corporation tax

News: January 2015 Relief from business rates Many small businesses will welcome the news that the doubling of Small Business Rate Relief will be extended to April 2016. This means that around 385,000

News: January 2015 Car fuel benefit charge Employees and directors with company cars and who also have some or all of their private fuel paid for by their employers are subject to the

News: December 2014 Collection of unpaid tax through your tax code Currently, HM Revenue and Customs can collect tax debts of up to £3,000 by adjusting your Pay As You Earn (PAYE) tax

News: December 2014 No loss relief for business run as a "hobby" A recent case before the Tax Tribunal reminds us that in order to set a trading loss sideways against other income,

News: December 2014 New tax relief for investment in social enterprise The Social Investment Tax Relief scheme (SITR) introduced this year helps individuals support social enterprises, giving these enterprises access to new sources

News: December 2014 HMRC credit card sales campaign HMRC's latest disclosure campaign is aimed at traders who accept payments by debit and credit cards but who haven't declared all transactions. The Credit Card

News: December 2014 VAT "mini one stop shop" (MOSS) There is a very important change in the VAT place of supply rules for businesses supplying digital services to consumers (B2C). From 01 January

  Tax diary: All the main tax events for December / January 2014 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months