This publication looks at a number of topical personal tax issues, including changes to the tax free dividend allowance, Inheritance Tax, Making Tax Digital, and company cars.
Latest News & Events
HMRC spend on private sector debt collectors soars by 62% in just a year
HMRC have increased their spend on private sector debt collectors by 62% in the last year to £39m in 2017, up from £24m in 2016.
‘Beverley Hills of Britain’ strengthens its lead as UK’s #1 tax hotspot – amount paid per person up 10% in a year
There has been a 20% increase in the amount of income tax collected from the top five towns with the highest average payments over the last five years.
Just 330 businesses tell HMRC they are using Corporation Tax schemes – down 42% in a year
The statistics show that a series of Government crackdowns over recent years have virtually eradicated aggressive Corporation Tax planning.
VAT support service
Our VAT support service is a collaborative approach to supporting you with your day to day VAT queries, whilst allowing us to develop a strong working relationship with you. This support service often results in us identifying potential issues before they hit and enables us to put remedial measures in place to avoid high VAT charges or penalties.
Landlords – watch out for new tax rules
A less well known and not so publicised change is that, from April 2017 onward, landlords must use a ‘cash basis’ to work out their income unless their property income is more than £150,000 a year or they are companies or partnerships.
UHY tax blog recognised as one of the top 40 tax blogs on the internet
Our tax experts are committed to keeping our clients and followers informed of the latest tax issues and so are delighted that our blog has been recognised.