Author: AC Accounts

  The Office of Tax Simplification (OTS) have been tasked with carrying out a review of Inheritance Tax (IHT) with

Last month, we reported that the Enterprise Management Incentives (EMI) share option scheme lost its EU State Aid approval on

HMRC are carrying out a review of rent a room relief to discover whether the scheme, introduced back in 1992

The new tax year means that many directors of family companies will be considering the most tax efficient method of

Whilst on the subject of the reduction in cash transactions, we take the opportunity remind you of the Gift Aid

One of the announcements in the Spring Statement was the possible demise of the 1p and 2p coins and the

We have featured the tax efficiency of pension fund investment in a number of recent newsletters. As well as the

The IR35 personal service company legislation has been on the statute book since 2000 and has never really worked as

Last year we reported that the House of Commons Work and Pensions Committee published a report calling on the Government

If your pension savings exceed the annual pension input limit (generally £40,000) then there is an annual allowance charge. The

Many of you will have just paid your 2016/17 tax bill before the 31 January 2018 deadline, and some of

Many of the recent changes in the taxation of buy to let rental businesses do not apply to property businesses

Much of the focus in the Autumn Budget on Stamp Duty Land Tax (SDLT) concerned the abolition of the duty

For a number of years there has been a generous 100% tax break for businesses that install energy saving technology

The new inheritance tax relief for passing on the family home is protected even when you downsize to a smaller

New inheritance tax rules for passing on the family home started on 6 April 2017. This new relief should be

For most taxpayers the maximum pension contrbution is £40,000 each tax year, although this depends on their earnings. This limit

At this time of year we think about New Year’s resolutions. It is also a good time to start planning

There has been much lobbying from the small business sector to reduce business rates. The Chancellor stated that 600,000 small

A furnished holiday letting business is treated as a trade for most tax purposes. For example, capital allowances are available

In order for a shareholder to qualify for CGT entrepreneurs relief on the disposal of their shares, they must be

The P11d benefits on company vans are generally much lower than company cars and where private use of the van

If your business has suffered VAT on expenses incurred in another EU country, for example overseas hotel and restaurant bills,