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February 2019
In the newsletter, we consider some of the numerous changes to the capital allowances regime introduced by the Budget, particularly the new Structures and Buildings Allowance.
November 2018
This quarter we look in particular relevance to Enterprise Management Incentives and disruption to the running of the business. Highlighting the impact of growing housing wealth on inheritance tax, tax tips for the farming business, VAT for food retailers and the importance of setting up a Business Tax Account with HMRC.
July 2018
Making Tax Digital for VAT (MTDfV) is on the horizon. There is now less than a year to prepare for this momentous change in the way VAT registered businesses interact with HMRC. We cover this in our front page article.
May 2018
The question of how to pay family members is perennially important. This area can be the subject of scrutiny by HMRC, and our lead article covers a recent tax case where the taxpayer made a number of critical errors jeopardising his claim for tax relief on payments made to his son.
Spring 2018
This quarter we look in particular relevance to corporate clients, and covers the correct procedure to be followed when making dividend payments. Highlighting some common errors, the article offers guidance on best practice, and how best to avoid challenge from HMRC.
Winter 2017
This quarter we provide an update on changes to the pensions auto-enrolment regime. This entered a new phase from 1 October, with new employers coming immediately into compliance obligations. Further changes are on the horizon, with increases to minimum contributions due from April 2018. This makes a good time for employers to review their ongoing responsibilities under the regime.
Autumn 2017
This quarter we provide an update on the government’s new timetable for the roll-out of the Making Tax Digital for Business (MTDfB) programme. HMRC is now allowing a longer period for most businesses to prepare for change. Initially, MTDfB will apply only to businesses whose turnover is over the VAT threshold. These new rules will apply from April 2019.
Summer 2017
This quarter we provide a planning perspective to the proposed reduction in the Dividend Allowance from April 2018. Investors with quoted shareholdings can take some action now to reduce the impact of the reduction in this ‘tax-free’ allowance.
Spring 2017
This quarter we consider changes to the VAT Flat Rate Scheme (FRS) which allows small businesses to pay over VAT on all their sales at a flat rate rather than output VAT on sales less input VAT on purchases. The introduction of a new 16.5% higher percentage for ‘limited cost traders’ may mean some businesses should opt out of the FRS.
Winter 2016
This quarter we consider the new Tax-Free Childcare scheme which is to be rolled out to eligible parents during 2017. Childcare providers are being asked to register for the new scheme in advance of the roll out.
Autumn 2016
Our lead article considers the possible implications of Brexit and in particular areas of taxation which may be affected over the coming years.
Summer 2016
This quarter we look at the longer term and a project of the Office of Tax Simplification reviewing the simplification of small company taxation. This may lead to a new type of business structure being made available to small businesses.
Essential Employer Update 2016
We consider recent changes and developments in payroll practice and employment law.
Spring 2016
Our lead article 'New tax dangers when buying residential property' warns of the extra charges that may arise from April 2016 on certain property transactions. Supplementary rates of Stamp Duty Land Tax or Land and Buildings Transaction Tax may apply to some property purchases in the UK.
Winter 2015
Our lead article 'HMRC gone phishing?' warns of the dangers of bogus HMRC emails, texts and websites. We also include links for reporting incidents and viewing examples. With the self assessment deadline approaching it is important to be vigilant as the deadline has previously prompted an increase in phishing activity.
Autumn 2015
We consider the news stories that implied that it would be 'easy' to get out of paying an automatic £100 minimum penalty for the late filing of a self assessment tax return. HMRC have announced some changes to how they will use their right to send out fixed penalty notices in a fair and proportionate way but self assessment tax returns still need to be submitted on time.
Summer 2015
For those of you who are company car drivers we advise on why you may have seen a large increase in the estimated car benefit in your notice of coding. We also consider the further changes which are planned and what this will mean in terms of future car benefits.
Essential Employer Update 2015
This briefing considers employment law changes affecting parents and the calculation of holiday pay. We also look at RTI penalties and interest, together with National Insurance contributions (NIC) and coding notice changes and the progress being made on simplifying expenses and benefits reporting.
Spring 2015
The Autumn Statement announced changes to the Stamp Duty Land Tax rules for residential property. We consider the implications of the new bands and percentages and the introduction of the Scottish equivalent, Land and Buildings Transaction Tax.
Winter 2014
The newsletter covers a number of topical issues including the introduction of various changes to the PAYE compliance system.

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