R&D TAX RELIEFS FOR SOFTWARE DEVELOPMENT


With the pace at which the world of software development moves, it was perhaps destined to be one of the trickiest areas for companies and R&D incentives advisers to tackle when it comes to identifying R&D tax relief opportunities.


READ MORE

IR35 CHANGES WHAT DO YOU NEED TO KNOW?


In the public sector, since April 2017, it’s been the client’s responsibility to assess the IR35 status of a contractor. Now, following the outcome of the initial consultation in October 2018, the same is set to apply in the private sector.


READ MORE
Image

TOP TIPS FOR TAX YEAR-END PLANNING

14TH MARCH 2019


You want to make sure you’re doing all you can to reduce your tax bill. We’ll put money on it. But with the year-end looming, you’d be forgiven for feeling a tad under prepared when it comes to getting on top of your tax.


READ MORE
Image

WHAT ARE THE BENEFITS OF MAKING TAX DIGITAL?

13TH FEBRUARY 2019


It’s HMRC’s ambition to create “one of the most digitally advanced tax administrations in the world”. To make this happen, it’s started an initiative called Making Tax Digital (MTD). MTD is going to affect everyone. 


READ MORE
Image

MAKING TAX DIGITAL FOR BUSINESS

11TH FEBRUARY 2019


Making Tax Digital (MTD) is a new requirement by HMRC for businesses to keep digital records and submit tax returns online. To do this, you’ll need compatible software to make it happen. There’s more on that here. And it all begins on 1 April 2019.


READ MORE
Image

MAKING TAX DIGITAL FOR LANDLORDS

12TH FEBRUARY 2019


As if being a landlord wasn’t complicated enough. Touchy tenants, soaring service charges and now this – Making Tax Digital. If you’re a landlord of multiple properties, normally, you’ll charge VAT on top of your rent.


READ MORE
Image

MAKING TAX DIGITAL SOFTWARE

12TH FEBRUARY 2019


Making Tax Digital (MTD) will eventually require all people and businesses to submit their tax returns online. To do this, you’ll need software that acts as a “digital link” between your data and HMRC.


READ MORE
Image

MAKING TAX DIGITAL FOR BUSINESS

24TH JANUARY 2019


The draft Finance Bill 2019 includes changes to the qualifying conditions for Entrepreneurs’ Relief. The original draft legislation was messy. It was also published without any detailed guidance from HMRC to suggest how it should be applied in practice.


READ MORE
Image

TWEAKS TO ENTREPRENEURS RELIEF

27TH NOVEMBER 2018


In the lead up to the Budget at the end of October, there was a lot of murmuring about whether the Chancellor would abolish Entrepreneurs’ Relief. He hasn’t done that. But he has changed the rules to narrow the relief.


READ MORE
Image

CAPITAL ALLOWANCES CHANGES: THE GOOD, THE BAD AND THE UGLY

20TH NOVEMBER 2018


The Office of Tax Simplification didn’t recommend wholesale changes to the capital allowances regime back in the summer, but it did recommend that some tweaks would be helpful to make the relief more accessible. So, what did the Chancellor do in the Budget last month?


READ MORE
Image

US TAX CHANGES AFFECTING RETAIL BUSINESSES

18TH NOVEMBER 2018


In the US, the tide is turning against online retailers like Amazon. What does this mean for UK retailers? If you’re a bricks and mortar retailer, you’ll have heaps of overheads – rent, electricity, gas, business rates, public liability insurance, state tax and many, many more.


READ MORE
Image

A Q&A ON TRUSTS

16TH NOVEMBER 2018


We caught up with Private Client Tax Partner, Sarah Axe, to find out how trusts can help with things like school fees, selling a business and helping to protect your wealth. Sarah, you say you “love trusts”. What’s that all about?


READ MORE
Image

TECHNICAL AS WELL AS TAX

1ST NOVEMBER 2018


As well as a team of tax experts, we’re a team of technical experts too. And when it comes to finding out what you do, delving into the technical details and writing a report for HMRC to understand, I truly believe there’s no one better.


READ MORE
Image

HMRC R&D TAX RELIEF ON THE UP

23RD OCTOBER 2018


Last week, HMRC published the latest Research and Development (R&D) tax credit statistics for 2000-02 to 2016-17. So what did it show?


READ MORE
Image

PAY LESS TAX. WHAT A RELIEF

23RD OCTOBER 2018


As a tax adviser with more than 18 years of specialising full time in capital allowances, I’d agree that it’s fair that companies should pay the right amount of tax. However...


READ MORE
Image

VAT - WHAT TO DO IF THERE'S A 'NO DEAL' BREXIT

3RD SEPTEMBER 2018


Just in case a Brexit deal can’t be reached with the EU by 29 March 2019, HMRC has issued its first set of notes on the Customs & VAT implications. Surely this is evidence a ‘no deal’ is a real possibility.


READ MORE
Image

EXTRA PENALTIES FOR NOT REPORTING OVERSEAS INCOME

24TH AUGUST 2018


Are you declaring any sources of financial income overseas? This could be overseas property, shares, businesses, cash income or anything else providing you with a financial gain.


READ MORE
Image

HOW WILL MAKING TAX DIGITAL AFFECT YOU?

11TH JUNE 2018


Making Tax Digital is a hot topic with expected changes coming in from April 2019. Here’s a bit more information on how it’ll affect you from our VAT head honcho, Damian Shirley.


READ MORE
Image

LET'S STOP CALLING IT R&D

29TH MAY 2018


Does your business make something? R&D incentives can be applied to any business that makes something... anything! This even includes intangible things like software.


READ MORE
Image

IT'S OFFICIAL WE'RE THE BEST TAX PRACTICE

21ST MAY 2018


We were named Best Tax Practice in a Regional Firm at Tolley’s Tax Awards 2018. On what’s the biggest night of the year for the tax sector in the UK, we picked up our latest award for our “ethos, dynamic culture and emphasis on teamwork.”


READ MORE