The tax regime for non-residents holding UK property has been a target for successive governments, motivated both by a desire to be seen to tackle “tax avoidance” and by a need to increase tax revenues.
The first of our regular series of Outlooks taking a look at the UK and international public markets, focuses on AIM; the London Stock Exchange Group’s growth market.
As we stand today, the planting of woodlands either on a commercial basis or for the greater good of the planet does not feel like it will generate a financial return for at least many years to come. However, the possibility of significant tax exemptions and synergies with the farm could make a woodland venture a credible opportunity worth considering in the farm’s overall future plan.
HMRC regularly publish approved ‘fuel only’ rates which have, again, changed.
I’ve been thinking recently about writing a screenplay. This one’s a 3 part Sunday night courtroom drama that I reckon the BBC’s a sure thing to snap up.
There was in an interesting article in the Sunday Times that suggests UBER’s business model leads to a multi-million VAT loss to the Treasury annually.
In February 2019 HMRC issued Spotlight 47, aimed at dealing with perceived circumventions of the Targeted Anti-Avoidance Rule (TAAR) introduced in 2016 to tackle tax avoidance using phoenixism. The ICAEW and CIOT recently met HMRC to get a better understanding of the Spotlight.
For decades, the treasury has benefited from measures designed to encourage the right behaviours in society through the so-called ‘sin taxes’.
Academies Accounts Direction 2018 to 2019 – our summary of the key changes trustees and finance staff need to be aware of.
The changes will impact the Capital Gains Tax position where a property which was formerly the landlord’s home but has also been rented out gets sold.