The newsletter covers a number of topical issues including …
VAT Flat Rate Scheme changes
The introduction of a new 16.5% higher percentage for ‘limited cost traders’ may mean some businesses should opt out of the FRS.
New Finance Service
The government's launched a scheme for small businesses having difficulty in obtaining finance from the larger banks in the UK.
Don’t ERr in your claim
It appears that HMRC are now examining Entrepreneurs Relief claims more closely.
Some good news for companies
The Autumn Statement contained some good news regarding the tax relief available if a company makes a loss..
State Pension entitlements – check now
The state pension is clearly a worthwhile thing to have, however there have been numerous changes to the qualification criteria over recent years and now may be a good time to check your entitlement.
Essential Employer Update 2017
With the payroll year coming to an end, we look at some of the important changes and new developments to be aware of.
Will we see a change in the main inflation measure?
Over the years we have had a number of different ways of measuring inflation. The Office for National Statistics has announced it is changing its preferred measure of consumer price inflation from Consumer Prices Index (CPI) to CPIH from March 2017.
Venture Capital Trusts – over 20 years in the making
We take a look at Venture Capital Trusts (VCTs), a tax relief scheme introduced in 1995.
Business motoring - tax considerations
A business can provide cars for business owners, directors or employees through an outright purchase, a hire purchase contract or by way of a business car lease (BCL). There are different tax impacts of these options both for the business and for the individual taking the car.
A TAAR which is not so targeted
The government has decided to strengthen anti-avoidance rules when winding companies up by introducing a new Targeted Anti-Avoidance Rule (TAAR).