Business investment and the annual investment allowance
The AIA allows businesses to write off the full cost of qualifying expenditure and in recent years the amount allowed as a deduction for tax
The AIA allows businesses to write off the full cost of qualifying expenditure and in recent years the amount allowed as a deduction for tax
HM Revenue and Customs (HMRC) is urging people to renew their tax credits claim online and early before the 31 July deadline. When claimants renew
From 6 April 2016, if you’re a basic rate taxpayer you’ll be able to earn up to £1,000 in savings income tax-free. Higher rate taxpayers
HMRC has responded to the significant leak of information on the activities of individuals and companies that have availed themselves of the offshore advantages of
From 6 April 2016, farmers trading as sole traders or in partnership will be able to claim for an extended form of the popular “averaging”
CGT rates have been significantly reduced from April 2016. The rates at which capital gains are taxed depend on where they would fall to be
Up to 5 April 2016, directors who overdrew their loan accounts in a company ran the risk of an additional 25% Corporation Tax charge if
In a further bid to encourage savings for a first property purchase, or retirement, a new ISA is being launched from April 2017 – the
1 April 2016 – Due date for Corporation Tax due for the year ended 30 June 2015. 19 April 2016 – PAYE and NIC deductions
One of the surprising announcements in the recent budget was the easing of capital gains tax (CGT) rates. From April 2016, the new rates published
From 1 April 2016, individuals who purchase additional residential properties, second homes or buy-to-let properties will pay an additional 3 percentage points above the existing
The government have published a list of changes in the impact of taxation, rates and NIC that will apply from April 2016. The list is
Recent reports in the national media have suggested that HMRC has sought to restrict Gift Aid on donations which are accompanied by a message of
HMRC have updated their online “top ten things you should know about the new tax-free childcare scheme”. The notes are reproduced below and they provide
The Treasury seems to be committed to wringing the last available drop of tax revenue from the buy-to-let sector. In the Budget last week the