Blog
Changes to capital gains tax entrepreneur’s relief
There were many predictions before this week’s Budget that the Government considered that the 10% capital gains tax rate that applies to the first £10m of gains made by entrepreneurs on business assets was too generous and would be reined in. As it happened, the rules...
Research & development payable tax credit restriction
In this week’s Budget the Chancellor has announced a re-introduction of a restriction to the amount of R&D tax credit relief that can be claimed. This is aimed at preventing abuse of R&D tax relief for small and medium-sized enterprises (SMEs). The restriction...
Off payroll working reforms to be extended from the private sector
Since the reforms for off payroll working were introduced for the public sector, there has been the expectation that this would eventually be introduced to the private sector. The reforms mean that businesses will become responsible for assessing an individual’s...
The Chancellor’s surprise giveaway
Whether or not you believe the Chancellor is right to say that “Austerity” is coming to an end, he certainly surprised most commentators with a number of his announcements, not least of which included the early implementation of the Government’s manifesto promise to...
Where do you send your self-assessment tax return?
Where do you send your self-assessment tax return? If you are submitting a paper self-assessment tax return, you should send it to: Self Assessment HM Revenue & Customs BX8 1AS What is the self-assessment tax year? The self-assessment tax year ends on 5 April. ...
Can self-assessment UK tax be paid in installments?
Can self-assessment UK tax be paid in instalments? If you cannot pay your tax on time, you may be able to arrange to pay your self-assessment tax liability in instalments. To do this you should contact HM Revenue & Customs on the Business Payment Support Service...
See how we can help you...
We believe in being involved with the local business community and that is why we network extensively, host regular business seminars, write blogs and have many trusted, professional contacts