HMRC are consulting on the tax treatment of Employee Ownership Trusts – an increasingly popular alternative to trade sale or Management Buy Out for business owners. Richard Coombs, Tax Partner at Bates Weston, considers HMRC’s proposals.
If you are a sole trader or partnership and your accounting year end is not 31 March or 5 April, you are going to be affected by a change in the way taxable business profits are calculated for a tax year.
Bates Weston expands Tax Team after successful year. Bates Weston Tax Advisory continue to focus on client service and providing clear and practical advice to wealthy families and business owners.
The impact of rising interest rates on overdue tax charges, particularly costs associated with late payment of tax and paying Corporation Tax by instalments.