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.
The importance of Form 17 in planning tax efficient rental income from jointly owned property . Proper tax planning in this area can be very effective, but getting it wrong can be very expensive. Make sure you understand the rules or ask a tax professional to help you.
The GAAR advisory panel has released an opinion into a share scheme designed to extract capital from a company in a tax free form.
Know the possible tax traps and pitfalls to consider if you are thinking of selling off or developing in your garden
A round up of the latest news stories affecting charities and not for profit organisations, including governance, new code of fundraising practice, related third party transactions and measures aimed at preventing fraud and cyber crime in charities.
The steps your charity can take to help protect it from fraud and cyber crime following research conducted by the Charity Commission
The Institute of Chartered Accountants in England and Wales offers resource hub to help businesses prepare for Brexit, deal or No-Deal
What does the recent Potter First Tier Tribunal case mean for Entrepreneurs’ Relief. Interpretation of trading activities and what is regarded as substantial non trading activity.
Importing from and exporting to the EU after a no deal Brexit
Richard Coombs, Tax Partner at Bates Weston comments on the Government’s announcement to review the loan charge and gives a reminder of the timescales
The VAT domestic reverse charge has been delayed. Use the time to understand and prepare for it if you are a VAT registered individual or business in the construction industry.
Getting your charity audit right generates public confidence. Understand whether your charity needs an audit and make sure your auditors are qualified and experienced in auditing charities.
HMRC taking 90 days instead of 28 to process R & D tax credit claims, but hope to be up to date by the end of September.
Inheritance Tax planning after death is both possible and effective using a deed of variation to a will within 2 years of date of death