Off Payroll Review Announced

Off Payroll Review Announced

The Govt has launched a review of changes to off-payroll working rules (often referred to as IR35) following concerns over the chances of a successful implementation from April 2020. IR35 rules were introduced in 2000 to ensure that someone working like an employee,...
The Future for Entrepreneurs’ Relief

The Future for Entrepreneurs’ Relief

The Conservative manifesto included a pledge to review and reform Entrepreneurs’ Relief (page 34). This relief incentivises entrepreneurs to build their businesses as it allows them to pay a reduced capital gains tax of 10% on sale rather than the full rate of 20%....
A Budget within 100 days

A Budget within 100 days

The Prime Minister promised a Budget within 100 days of the election result, so we can expect a Budget in February or March with any changes to taxes, benefits and allowances potentially taking effect in April. The headlines are likely to include cancelling the...
Tax Tips 2020

Tax Tips 2020

As the tax deadline looms on 31 January for the tax year ending April 2019, here are our tax tips to keep your tax bill down. We encourage you to plan ahead for the current tax year.  We begin with the simple steps of meeting tax deadlines and using available reliefs...
Treasury delays Loan Charge report

Treasury delays Loan Charge report

As a result of the impending General Election, the Government yesterday announced a short delay to the publication of the much anticipated loan charge report following the independent review into the controversial loan charge legislation. In a letter to Sir Amyas...