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.
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Latest news & events
Average tax rate paid by FTSE 100 resumes downward slide, falling to 23.1%
The average effective rate of tax paid as reported by FTSE 100 companies has resumed its downward slide, dropping to just 23.1% of profits last year down from 27.6% the year before, our research has revealed.
How will high earners and business owners respond to post-election tax rises?
Listed and private companies are expected to step up the payment of special dividends if the Labour Party wins the election as part of the process of ensuring their shareholders do not pay unnecessarily high taxes.
HMRC use of external debt collectors halved in a year
HMRC has halved its use of private sector debt collection agencies over the last year, with only £6.8 million spent on external debt collectors in 2014 compared to £14.8 million in 2013, according to our research.
Taxflash: Mileage rates – April 2015
HMRC regularly publish approved ‘fuel only’ rates which have, again, changed.
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.