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by Admin
March 15, 2021
Business NewsCapital Gain TaxCoronavirus NewsCorporation TaxHMRC NewsIncome TaxInheritance TaxLoan SchemesProperty TaxStamp DutyTax InvestigationVAT

Finance Bill 2021: Details Published

The government has published the details of the Finance Bill 2021 on 11 March 2021. The Bill highlights the important law measures(announced in the recent 2021 Budget) set to come into legislation. Chancellor Rishi Sunak announced the following measures in his budget speech: an extension of the stamp duty holiday in England a super-deduction capital...

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by Admin
March 3, 2021
Business NewsCapital Gain TaxCorporation TaxIncome TaxInheritance TaxNewsProperty TaxTax InvestigationVAT

Budget 2021: Major highlights at a glance

Chancellor Rishi Sunak unveiled the contents of his Budget 2021 in the House of Commons on 3rd March. He announced the UK government’s tax and spending plans for the year ahead. However, the focus on helping business and jobs through the pandemic and supporting the UK’s long-term economic recovery will remain unchanged. Here is a...

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by Admin
August 28, 2020
Business NewsCoronavirus NewsCorporation TaxHMRC NewsIncome Tax

Repayments of Corporation Tax: Updated Guidance

HMRC have issued an update to their guidance on repayments of corporation tax. They have now acknowledged that, in exceptional circumstances, claims for repayments of corporation tax for prior periods based on anticipated losses before the current accounting period has concluded will be considered. Angela Clegg, technical manager in the ICAEW tax faculty, which had raised...

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by Admin
June 28, 2020
Business NewsIncome TaxPayroll

Director’s Remuneration

There are tough times where tough choices are being made by the businesses. Many directors have been deferring or waiving some or all of their remuneration. Few things to consider: You have to irretrievably give up your rights to the remuneration prior to the payment date. Employers must remember that the payment of a salary,...

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