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Unless there are further political objections, one of the few remaining revenue raising changes in the recent spring budget was the reduction in the £5,000

Another matter that received some clarification last week was the government’s move to implement MTD for the self-employed from April 2018. When the scope of

Although there was little of substance to Philip Hammond’s budget last week, one particular issue caused some political controversy. It was the proposal to increase

A new strategy is calling on employers to boost the number of older workers and ensure they are not writing people off once they reach

Personal Tax and miscellaneous matters Personal Tax allowance The personal allowances for 2017-18 is £11,500 (2016-17: £11,000). Transferrable allowances The maximum amount of free personal

Although the financial impact of this allowance is relatively low, it is surprising that there has not been more uptake of the Marriage Allowance since

A search is underway to recruit the UK’s first Small Business Commissioner. The commissioner will be a high profile role supporting small businesses in payment

1 March 2017 – Due date for Corporation Tax due for the year ended 31 May 2016. 2 March 2017 – Self Assessment tax for

We have now seen the response of HMRC to representations made by accountants and other interested parties to their Making Tax Digital (MTD) agenda. A

In no particular order changes already announced include: The personal tax allowance will increase to £11,500 and the higher rate threshold will rise to £45,000.

Property business owners, particularly buy-to-let landlords, have been hit with a number of quite dramatic changes in their tax status. One of the most draconian

People planning their retirement will be able to withdraw up to £1,500 from their pension pots tax-free to pay for financial advice, under recent plans

Buy-to-let property owners have been singled out in recent budgets for some quite draconian tax changes. One of the most pervasive starts 6 April 2017.

A reminder that from 6 April 2017 Lifetime ISAs are available as an alternative tax-free investment. The lifetime Individual Savings Account (ISA) is a longer

While we are members of the EU, it continues to be the case that there are no limits to the alcohol and cigarettes you can