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Budget 2018: restricting R&D credits could restrict claims

Tim Croft

30 October 2018

Research and Development (R&D) tax credits have been lucrative to businesses that invest in qualifying expenditure. However, the attractiveness of the Government’s R&D scheme has also been an easy target for tax evasion, and is therefore under constant scrutiny. In … Read More >>

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Budget 2018: An update from VAT

Andy Dawbarn

30 October 2018

Following the Chancellor’s Autumn Budget, there were a few key points worthy of mention from a VAT perspective. VAT Thresholds – Frozen The VAT registration and deregistration thresholds will not change for 2 years from 1 April 2020.  The taxable … Read More >>

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Budget 2018: First Thoughts

Matthew Hall

29 October 2018

This afternoon, the Chancellor delivered his last Budget before Brexit, and still he managed to produce a few surprise measures among the inevitable re-announcements. The most significant measures included: GDP growth forecast 2019                     1.6% 2020                     1.4% 2021                     … Read More >>

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Major Changes to Entrepreneurs’ Relief: Budget 2018

Jemima Jones

29 October 2018

In today’s Autumn Budget many of us expected to see a change to Entrepreneurs’ Relief (ER) and some thought it could be abolished altogether. However, even though ER remains, the Chancellor announced changes that are likely to have a significant … Read More >>

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Will the Budget deliver a review of Agricultural Property Relief?

Rick Schofield

22 October 2018

With the Budget now less than a week away, many of us are wondering what the Chancellor has in store for the country. As a firm, we are interested to see how any changes to taxes can impact our clients, … Read More >>

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Inherited property? Watch out for SDLT sting later on

Tom Lacey

19 September 2018

If you inherit property, there is usually no Stamp Duty Land Tax (SDLT), unless the beneficiary is paying money into the estate or paying other beneficiaries. However, there are an increasing number of people getting caught up in an SDLT … Read More >>

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Inheritance tax: it’s time to give some thought to giving

Alison Turner

03 August 2018

Economia published this article online on 1 August 2018,reporting how inheritance tax receipts are at an all-time high. The following was originally published in Thinking Business, the Kent Invicta Chamber of Commerce magazine, about why now is more important than ever … Read More >>

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The difference between staff and client entertaining

Dave Hedges

18 July 2018

HMRC currently has its spotlight on staff and business entertaining, just in time for the summer season, when lots of businesses may be thinking about holding client functions or staff away days. It is therefore important to understand that they … Read More >>

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Requirement to Correct – 100 days to go

Peter Goodman

22 June 2018

There are now just 100 days to go until the 30 September deadline and the Requirement to Correct (RTC) legislation will come into force. RTC aims to address any undeclared offshore assets or income and there are tough penalties in … Read More >>

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More change for P11Ds

Rio Brookes-Gibbs

23 May 2018

With the 2017/18 tax year now over, it is time for employers to turn their attention to reporting the expenses and benefits that they have provided to their staff on forms P11D. The deadline for reporting to HMRC is 6 … Read More >>

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