A game changer for Entrepreneurs’ Relief?

A game changer for Entrepreneurs’ Relief?

In the recent tax First Tier Tribunal (FTT) Potter case, it was ruled that the company activities were the key when determining whether it was a trading company for Entrepreneurs’ Relief, even when the majority of income and assets were derived from investment bonds....
Loan Charge review announced by Government

Loan Charge review announced by Government

After extensive lobbying by affected taxpayers, MPs and other interested parties the Government last week finally announced a fresh review of the controversial loan charge.  Whilst this is welcome, a healthy portion of scepticism is required as the make-up of the...
The VAT domestic reverse charge delayed until 1 October 2020

The VAT domestic reverse charge delayed until 1 October 2020

HMRC delays the introduction of the VAT domestic reverse charge for at least a year. Since the publication of our original post below in August 2019,  HMRC has announced that the VAT domestic reverse charge will not be introduced until 1 October 2020. HMRC explains...
Section 431 Election – more than just a piece of paper?

Section 431 Election – more than just a piece of paper?

Cassandra Graham, Tax Manager at Bates Weston explains the relevance of a section 431 election when an individual acquires employment related shares. “The signing of a section 431 election tends to be a standard part of the legal process when an individual...
Plastic Packaging Tax consultation published

Plastic Packaging Tax consultation published

If you are in the packaging industry, are a pack filler, brand owner or retailer, you may be interested in the summary of responses to the “Plastic Packaging Tax” consultation, published by the Government this month. The Government wants to encourage the sustained use...