Entrepreneurs' relief curtailed. Tax exemption for homes clipped.
9th Sep
2018
MTD: What, when and how
by Tracy Minns
If your business is VAT registered, and the turnover for the last year has exceeded £85,000, you should soon receive a letter from HMRC stating that you must comply with the making tax digital (MTD) rules from April 2019.
12th Jun
2018
Summer 2018
by Tracy Minns
Parents are faced with a bewildering choice of how to fund childcare costs.
5th Mar
2018
Spring 2018
by Tracy Minns
Paying your child from the business. You can pay your son or daughter out of your business, but they must do some real work for that money, work which is worth what you pay them.
14th Dec
2017
Winter 2017
by Tracy Minns
The self assessment tax return system has been with us for over twenty years now and it is certainly not simple. Pensioners in particular find that they are required to submit a tax return each year to report their various...
24th Nov
2017
A guide to Autumn Budget 2017
by Tracy Minns
A SIMPLE GUIDE TO THE BUDGET 2017 This is a basic guide, prepared by ACCA’s Technical Advisory team, for members and their colleagues or clients. It is an introduction only and should not be used as a definitive guide, since...
1st Nov
2017
Autumn 2017
by Tracy Minns
Backdated tax law The mechanisms to pass new tax law have been disrupted by the EU referendum and the following General Election. A number of measures which were to come into effect from April 2017 or earlier had not yet...