New advice on tax-free Dividend Allowance
26 August 2015 The topic dominating professional discussions since the Summer Budget has been the Chancellor’s proposed new tax on company dividends. Our latest blog on the subject looks how the new tax allowance will fit within the structure of personal allowances and tax rates.
Landlords – are you prepared for the reduction of tax relief on mortgage interest?
14 August 2015 Following the Summer Budget one change that has raised attention amongst landlords, lenders and accountants is the reduction of tax relief on mortgage interest for landlords if you are a higher rate taxpayer.
VATflash: Place of establishment
If your business trades internationally you should be aware of the implications of the concept of ‘establishment’ for VAT purposes and how the agenda is being driven by the Courts.
Sun sets on settlement opportunity
12 August 2015 Taxpayers in film schemes have been notified that they have until 11 February 2016 to settle any dispute.
Proposals limit access to tax tribunals
11 August 2015 New proposals announced by the Ministry of Justice will introduce fees for bringing cases in the First-tier and Upper Tribunal.
HMRC raise stakes on accelerated payments
10 August 2015 HMRC have issued “10 things you need to know about accelerated payment notices (APNs)” off the back of their success in the Ingenious Judicial Review.
Backing the wrong horse – Ingenious Judicial Review
4 August 2015 A challenge by investors in Ingenious Media film partnerships over the legality of accelerated payment notices has been comprehensively rejected by the High Court.
Fundamental Dividend Tax Changes
3 August 2015 George Osborne announced a huge shake-up to the taxation of dividends in his Summer Budget, which will impact all company shareholders.
Summer Budget and the goodwill gesture
20 July 2015 The Summer Budget heralded further reductions in the rate of corporation tax – down to 18% by 2020. That was the good news for companies.