With effect from 1 April 2014, if you are considering any commercial property acquisition you will require an additional level of tax due diligence to ensure you secure your capital allowances tax relief for future years.
Latest news & events
Higher CGT rates on the sale of larger businesses risk dampening entrepreneurs’ drive to expand
Our research shows that a business owner selling a larger business could pay double the proportion of tax paid by a less successful peer.
Extra revenue collected from HMRC Capital Gains Tax investigations up 24% in a year
HMRC’s investigations into individuals and small businesses resulted in a record-high £136 million extra Capital Gains Tax being collected in 2013-14, up 24% on the £110 million collected in 2012-13.
Taxflash: Eclipse 35 Court of Appeal decision
18 February 2015
Eclipse decision may prove decisive victory against much tax avoidance.
Taxflash: UHY engaged to challenge the legality of APNs
12 February 2015
There is very real concern regarding the legality of HMRC demands, in particular the issue of APNs. We have been engaged to challenge this legality with two judicial reviews due to be heard in March and at least one other en route.
G7 economies risk undermining entrepreneurship with excess taxes on business sales
20 January 2015
G7 economies risk seriously undermining business creation by hitting entrepreneurs selling successful businesses with substantial tax bills.