Newsletter
Autumn 2016
In this newsletter we look at Brexit, auto-enrolment exceptions for directors, and capital gains rate reductions amongst other stories.
Pensions auto enrolment and directors
The latest developments on whether directors can be excluded from auto-enrolment.
View details
Brexit and tax
What are the possible tax consequences of the UK ceasing to be a member of the EU?
View details
Cyber security for businesses
Businesses have a one in four chance in a 12 month period of being affected by an information technology security breach.
View details
Sorting out interest receipts
On 6 April 2016 a new Savings Allowance was introduced into our tax system.
View details
Is the closer alignment of income tax and National Insurance a realistic idea?
Differences between income tax and NICs have been identified, by the OTS, as one of the top causes of complexity for small businesses.
View details
Feature article
Property letting - understanding the new rules
Buy to let landlords of UK residential properties have been bombarded with tax changes in the last year. As a consequence, many will need to rethink their broad and detailed tax strategies on their investments.
View details
Why can't my company get a tax deduction for a parking fine?
Tax legislation contains no specific prohibition for the deduction of fines, so the courts have had to decide.
View details
Capital gains have become attractive again – sort of.
From 6 April 2016, CGT rates have fallen from 18% to 10% for gains taxed at the basic rate and from 28% to 20% for higher rate gains. As usual, it’s not that straightforward.
View details
Feature article
Director-shareholders and loan transactions
This article details the tax issues that surround loans to director-shareholders and loans from director-shareholders to their companies.
View details
HMRC service levels may have affected tax payments
In May 2016, the National Audit Office published a report into the quality of HMRC service for personal taxpayers. The report highlighted serious shortcomings in the service which could have meant some taxpayers paying the wrong amount of tax.
View details