Category: Insights

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,

The next Finance Bill will include legislation to reduce significantly the taxable benefit on the provision of low CO2 emission

Remember that from 6 April 2016, benefits are exempt from tax and NICs if all the following conditions are satisfied:

HMRC have recently updated their toolkit dealing with the reporting of expenses and benefits provided to employees and directors in

Many companies are still missing out on valuable tax breaks for expenditure on research and development (R&D). Revenue and Customs

Up until 6 April last year, the distribution of cash to shareholders on the winding up of a trading company