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Tax Advice

Land And Buildings Transaction Tax Change To Non-Residential Rates And Bands

23rd February 2020 | Written by In Accountancy | Categories : News, Tax Advice
Tagged in: tax changes, tax rates,
Land And Buildings Transaction Tax Change To Non-Residential Rates And Bands

The Government announced the introduction of a new 2% band for non-residential leases which will come into effect for contracts entered into on or after 7 February 2020. The rates and bands for non-residential LBTT transactions are as follows: Non-residential
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Tax Relief On Professional Fees And Subscriptions

16th February 2020 | Written by In Accountancy | Categories : News, Personal Tax, Small Business Advice, Sole Traders, Tax Advice
Tagged in: HMRC, tax relief,
Tax Relief On Professional Fees And Subscriptions

Employees are allowed to claim tax relief on their annual professional fees or subscriptions to some HMRC approved professional organisations. The costs are tax deductible generally where the individual must have membership to do their job or it is helpful
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Budget Day – 11 March

11th February 2020 | Written by In Accountancy | Categories : News, Tax Advice
Budget Day – 11 March

Chancellor Sajid Javid has announced that he will deliver the 2020 Budget on Wednesday 11 March 2020. The 2020 Budget will be the first to be delivered after the UK’s departure from the EU on 31 January 2020. It is
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Guidance on Structures and Buildings Allowance

22nd January 2020 | Written by In Accountancy | Categories : Client News, News, Small Business Advice, Tax Advice
Guidance on Structures and Buildings Allowance

The latest HMRC Agent Update includes guidance on the Structures and Buildings Allowance (SBA).


Retiring Clinicians Payments

18th January 2020 | Written by In Accountancy | Categories : Client News, Medical and healthcare, Pensions and Payroll, Tax Advice
Retiring Clinicians Payments

The Secretary of State has confirmed that the commitments being entered into, to make payments to clinicians affected by annual allowance pension tax, will be honoured when clinicians retire.


Pension Tax Windfall for Top Earners

16th January 2020 | Written by In Accountancy | Categories : Client News, Medical and healthcare, News, Pensions and Payroll, Tax Advice
Pension Tax Windfall for Top Earners

The Treasury is preparing to give tax relief worth hundreds of millions of pounds to those earning more than £110,000. The measure will stop doctors being hit with huge bills, which are causing them to turn down extra work and harming patient care.


Review Of The Disguised Remuneration Loan Charge

15th January 2020 | Written by In Accountancy | Categories : Client News, News, Tax Advice
Review Of The Disguised Remuneration Loan Charge

The government has announced it will make a number of changes to the loan charge rules, in response to Sir Amyas Morse’s independent review of the loan charge policy and its implementation.


Self-Assessment Deadline Approaching

9th January 2020 | Written by In Accountancy | Categories : Personal Tax, Tax Advice
Self-Assessment Deadline Approaching

The deadline for submitting your 2018/19 self-assessment return is 31 January 2020.


Check Employment Status For Tax Tool Update

29th December 2019 | Written by In Accountancy | Categories : Limited Companies, News, Small Business Advice, Sole Traders, Tax Advice
Tagged in: CEST, HMRC, Tax,
Check Employment Status For Tax Tool Update

HMRC has issued an update to the Check employment status tool (CEST) in advance of the introduction of new tax rules proposed for individuals who provide their personal services via an ‘intermediary’ to a medium or large business. The tool
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HMRC Offers Tips On Avoiding Self Assessment Tax Scams

16th December 2019 | Written by In Accountancy | Categories : Client News, Tax Advice
HMRC Offers Tips On Avoiding Self Assessment Tax Scams

HMRC is giving information to taxpayers to help them avoid scams ahead of the Self Assessment deadline.


What Christmas business expenses can you claim?

12th December 2019 | Written by In Accountancy | Categories : Limited Companies, Small Business Advice, Sole Traders, Tax Advice
Tagged in: business expenses,
What Christmas business expenses can you claim?

What business expenses can I claim through my limited company is one of those questions we are asked throughout the year. And as Christmas approaches it’s definitely the right time to remind you that you need to remember that all
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Making Sure Gifts To Employees Are Tax-Free

11th December 2019 | Written by In Accountancy | Categories : Limited Companies, Small Business Advice, Tax Advice
Making Sure Gifts To Employees Are Tax-Free

Some employers may wish to give a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will arise on the employee. A tax exemption is available which should help employers ensure that
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