Page 2 of 2

Employee share schemes: simplification of the rules

Employee share schemes: simplification of the rules Following recommendations from the Office of Tax Simplification (OTS), a number of changes are being made to the rules for employment-related...

Loans to Participators Trap - (Overdrawn Directors' Loan Accounts)

Loans to Participators Trap - (Overdrawn Directors' Loan Accounts) The 2013 Budget announcements included a brief outline of how the law will be changed to tax loans taken out of owner-mana...

Homes Worth Over £2 million!

Homes Worth Over £2 million! The Government wants to clamp down on tax avoidance by people who purchase their homes through companies, or other structures like trusts or partnerships, (kn...

New Workplace Pensions Cost

New Workplace Pensions Cost   Another set of regulations is set to fall on the shoulders of all employers. This time it's a compulsory pension scheme for all employees.  T...

March Budget - Investments

March Budget - Investments Seed Enterprise Investment Scheme (SEIS)  The SEIS was introduced for a limited five year period from 1 April 2012. The SEIS has now been made permanent, wi...

Gifting Assets or Shares

Gifting Assets or Shares If you plan to gift assets or shares to your relatives, there are several taxes you need to consider: Capital Gains Tax You won't make an actual profit or...

New PSC register – taking effect for ALL Companies

New PSC register – taking effect  for ALL Companies From 6 April 2016, all unlisted UK companies, limited liability partnerships (LLPs), or societas europaea (SEs)  are required...

ISA limits update

ISA limits update The maximum annual investment limit for Individual Savings Accounts (SAs) will remain at £20,000 for 2018/19 (of which, for eligible investors, £4,000 may be saved...

Investor's relief

This new relief is designed to complement entrepreneurs' relief by extending the 10% rate of CGT to gains accruing on disposals of qualifying shares by investors in a company who have no connec...

Tax-advantaged venture capital schemes amendments

Tax-advantaged venture capital schemes amendments   Amendments are to be made to the existing Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) rules. Broadly, the cha...

Financing growth: EIS expansion for knowledge-intensive firms - fund consultation

Evidence gathered during a recent consultation suggested that knowledge-intensive firms - which have high growth potential but are Research and Development (R&D) - and capital intensive - have ...

Covid-19 Support: SEISS Second Claim Service Open

Covid-19 Support: SEISS Second Claim Service Open The Self-Employment Income Support Scheme (SEISS) claims service for the second and final grant opened on 17 August 2020. Individuals eligible ...

Maintaining the tax system

Making Tax Digital (MTD) Mandatory digital record keeping for VAT for businesses over the VAT threshold (with turnover over £85,000) comes into force from 1 April 2019. What exactly does ...

Corporation tax - Autumn Statement

Corporation Tax Loans to participators, trustees of charitable trusts Legislation will be introduced in Finance Bill 2016 to provide for an exemption from the tax charge on loans or advance...
FREE Newsletter

Keep in touch with changes that could affect you.

Sign up here