We are increasingly working with clients on Creative Industry Tax Relief claims. We have recently helped make significant claims for … Read More
The definition of a “motor car” for plant and machinery allowances purposes is a mechanically propelled vehicle except a vehicle: … Read More
Although the OTS were tasked with simplifying inheritance tax, they also considered the interaction with CGT as many asset transfers … Read More
Tax scams: There are numerous tax-related scams in circulation. These include fake audits and erroneous demands that can carry a … Read More
Plastic Packaging Tax is due to take effect from 2022. This is a tax on unrecyclable plastic packaging content. The … Read More
The Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) give tax savings to individuals who invest money into … Read More
HMRC have reminded business that barter or contra transactions (supplies with no money payment) are subject to tax and VAT. … Read More
HMRC have announced that businesses can record their petty cash expenditure in aggregated form. In other words, petty cash expenditure … Read More
New tax codes prefixed with C (Welsh) or S (Scottish) have been issued to taxpayers by HMRC. For the time … Read More
HMRC have published a policy paper about the new tax relief for qualifying expenditure on new structures and buildings on … Read More