Inheritance Tax and the family home
7 December 2016 The legislation bringing the main residence nil-rate band into effect has now been finalised and it is just as complex, if not more so, than it first appeared.
Making Tax Digital – Letters answered, questions unanswered
7 December 2016 It has been just over a month since the seven consultation documents on Making Tax Digital (MTD) came to the end of their 12 week feedback period and ten days or so after their closure that we heard from the Chancellor.
Research and Development tax relief claims: a re-alignment in the law
6 December 2016 The First Tier Tribunal held in a recent case that for an R&D claim to be successful it would not be sufficient for expenditure to be merely incurred.
The 2016 Autumn Statement – salary sacrifice changes were just as we expected
25 November 2016 HMRC were keen to take action over what they see as a “loss of revenue” from increasingly common salary sacrifice arrangements, so it's no surprise that...
The 2016 Autumn Statement – what does the fine print say?
24 November 2016 The main problem with Autumn Statements and Budget announcements is that hardly any of the ‘bad’ stuff is ever announced...
“Spreadsheet Phil’s” first and last Autumn Statement
23 November 2016 There was a fair amount of pressure on our new Chancellor ahead of today’s speech to act as a stable force in the post Brexit uncertainty and to adopt a stance of Chancellorship leaning toward a single annual fiscal event. Well, he’s certainly done that.
National Insurance vs Income Tax – what’s the difference?
17 November 2016 The Office for Tax Simplification has just published their second report on the possibility of aligning National Insurance Contributions and Income Tax.
HMRC express concerns over its salary sacrifice arrangement
14 November 2016 HMRC have the proverbial bee in their bonnet over salary sacrifice arrangements and are making ominous noises about their ‘concern’.
Our Golden Edition Tax Update, issue 50, Autumn 2016
Download our Golden Edition Tax Update for our summary of current tax issues that could impact upon you and your business.
MP warns MTD is MTQ
4 November 2016 Just over a month ago, we wrote a blog which explained the significance of an open letter about Making Tax Digital (MTD) sent from MP Andrew Tyrie, to our new Chancellor, Philip Hammond.