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.
A summary of the Chartered Institute of Taxation’s response to HMRC’s consultation on proposed basis period reform, allocating trading profits to tax years rather than accounting years.
Restructuring a business when outgrowing a Family Investment Company through a demerger can be a tax efficient way to allow family members to pursue different commercial goals.
Restructuring a business to resolve shareholder disputes through a demerger can be a tax efficient option to separate ownership of assets, allowing shareholders to take their respective parts of a business under their sole ownership.
Planning to sell your business or are in the process of marketing it? Restructuring your business using a demerger may be a tax efficient method of accommodating a potential buyer.
Tax policies and consultations papers released from HMRC on what many are calling Tax Day. The summary document covers modernising tax administration, tackling non compliance and makes further tax policy announcements.
A guide to the new off payroll working rules, effective from 6 April 2021 and the actions personal service company directors may need to take.
Conspicuous by its absence in the Budget, speculation continues on the possible changes ahead for Capital Gains Tax. What has the Office of Tax Simplification recommended so far?
Summary of key points made in the Budget 2021, including measures to mitigate Coronavirus, extended reliefs, tax changes in 2021/22 and beyond.
A summary of the headlines from Budget 2021.
In a speech to the Commons today, the Prime Minister set out his roadmap for easing lockdown restrictions. Here is a summary of the points made.
Balancing paying the £400 billion Covid bill versus stimulating consumer demand and business investment. The Budget 2021 predictions are caught in the same dilemma.
Business rates relief and reform may well be on the cards. Expect an extension to business rates relief in the Budget on 3 March and indications of the path business rate reform might take.
HMRC has clarified the payment options and how to join the VAT deferral new payment scheme. The online service will be open between 23 February and 21 June 2021.