A round up of our latest blogs, commentary or office news. Get in touch if you need more details on any of the topics covered.
Craig Simpson explains the concept of fiscal drag and its impact on the apparent tax reduction caused by the changes in National Insurance announced at the Autumn Statement 2023
The headlines from the Autumn Statement 2023 and a more detailed summary. Covers National Insurance, Capital allowances, Business rates and R & D.
Craig Simpson, Tax Partner at Bates Weston considers whether Income Tax will be cut in tomorrow’s Autumn Statement.
Will the Chancellor use Corporation Tax measures in reducing business taxation in the Autumn Statement? He could reduce the rate of Corporation Tax, extend the Corporation Tax Bands and/or extend full expensing? Craig Simpson, Tax Partner at Bates Weston gives his views.
Is a major overhaul of Inheritance Tax on the way? Will the Chancellor abolish IHT, increase IHT thresholds, or reduce IHT rates in the Autumn Statement?
Should you consider accelerating your business disposal to capture the current rates of Capital Gains Tax?
Understanding the dos and don’ts of demergers is vital. Demergers are complicated in terms of tax technical input, but done correctly the tax savings should significantly outweigh the costs.
South Wingfield Station restored to its former glory, is now open to the public. We were delighted to support this impressive and engaging project.
Richard Coombs, Tax Partner at Bates Weston, takes a look at Inheritance Tax Planning and the benefits of an Inheritance Tax Review – a topic no one likes to think about, but we really should.
Craig Simpson, Tax partner at Bates Weston explains how HMRC clearances work, and when and why you might need them.
Thank you to Chevin Homes for organising this friendly 5 A Side Football Tournament. Great fun and a bonus that the Bates Weston team won.
Richard Coombs, tax partner at Bates Weston, uncovers the problems demergers are designed to fix. He explains how problems arise and why trying to resolve them using anything other than a demerger can often lead to significant tax charges.