Richard Coombs, Tax Partner at Bates Weston, looks at the outcry against the retrospective nature of the loan charge, effective from the beginning of April 2019. You would be forgiven for thinking that now that April has passed then the loan charge is now a done deal...
Puzzling over your tax return? As the tax deadline of 31 January looms, our thoughts turn to making sure our client’s tax affairs are in order and that they are taking all reasonable measures within the constraints of the tax system, to ensure that they minimise their...
Graham Buckell, Tax Partner at Bates Weston, explains the changes made to Principal Private Residence Relief (PPR) in the budget. “In his Budget speech, the Chancellor announced two changes to principal private residence relief. Both are due to come into effect...
Cassandra Graham, Tax Manager at Bates Weston, considers the new conditions and restrictions on Entrepreneurs’ Relief post Budget. The Budget 2018 brought in unforeseen changes to Entrepreneurs’ Relief which turned a relatively straightforward piece of...
Richard Coombs explains the change to cash based accounting for landlords with rental income below £150,000. “At this time of year many people will be thinking about preparing their 2017/18 tax returns. If you are a landlord, you may have missed an important...
With a 72-minute-long speech, and more than 100 pages of documentation to accompany it, there’s a lot to report from Budget 2018. Several of the headline announcements brought in changes for small and large businesses alike, with initiatives aimed at improving...
