We’re now well into the new taxation of offshore intangible property receipts, which came into play with Finance Act 2019. Intangible property has a very wide meaning but will include patents, trademarks and copyright.
Our Financial Planning review is intended to give insights on the current financial landscape, highlighting topical and timely issues.
It is as important as ever to ensure all bases have been covered when dealing with your personal tax affairs, following a recent flurry of letters from HMRC showing that they are checking 2017/18 personal tax returns where they believe that child benefit payments have been omitted.
Back in early November, we blogged about some worrying changes to entrepreneurs’ relief as a result of what looked like sloppy drafting in the Finance Bill. Happily, the Government tabled, on 20 December, a proposed amendment which has gone some way to addressing our concerns.
HMRC regularly publish approved ‘fuel only’ rates which have, again, changed.
Contractors have been receiving letters from HMRC, typically addressed to the personal service companies (PSCs) through which they work
Although we have known about the new rules since 2017, please find below the key information in relation to the changes that come into effect on 1 October 2019.
From 6th April 2020, capital gains tax (CGT) will be due within 30 days of the date of completion on the sale of most residential properties.
UHY Global, a bi-annual magazine, gives you insight into international business topics, featuring thought-leading opinions and experiences from global contributors including UHY member firms, leaders of UHY service and industry groups and external sources. A true representation of what the UHY network is about.
From 6 April 2020, HMRC are changing the way Private Sector Organisations assess their workforce.