Latest Articles
Employee Ownership Trusts following the 2024 Autumn Budget
The sale of your business to an Employee Ownership Trusts (EOTs) can be a tax free transaction if structured correctly. Given the potential changes to Business Asset Disposal Relief (BADR) this could be a more attractive proposition from a tax perspective.
Increases in capital taxation to be 'front and centre' of forthcoming budget
Capital gains tax seems certain to be more onerous after the forthcoming Budget, says Mary Schofield.
IPSE calls for fairer off-payroll rules in Budget
The Chancellor should use her Autumn Budget to make off-payroll working rules 'fairer and more effective', according to the Association of Independent Professionals and the Self-Employed (IPSE).
Changes to the 'Non-Domicile' tax regime
In his 2024 Spring budget, the Chancellor Jeremy Hunt announced that the government would ‘abolish the current tax system for Non-Doms, get rid of the outdated concept of domicile and the remittance basis in the tax system’. But what is the ‘Non-Dom’ tax regime, and how could this affect you (even if you are not considered a Non-Dom)?
The proposed extension of full expensing to leased assets
Changes to capital allowances rules have for many years been a prominent feature of the annual announcements from the Chancellor, generating endless rate changes and transitional measures. These yoyoing rules and thresholds have made it particularly difficult for businesses to plan tax efficiently for capital expenditure.
National Payroll week
‘National Payroll Week’ runs from 5th - 9th of September and is a celebration of those individuals who help to get the nation paid on time.
Tax relief on ultra-low emission and electric vehicles
If you are considering the purchase of a new car for your business then you may want to think about the benefits of an electric or ultra-low emissions vehicle (ULEVs).