In our regular Q&A series from Croner Taxwise, payroll adviser, Samantha O'Sullivan explores the tax benefits of providing low emission/electric vehicles as company cars
Some recruitment agencies are passing on the costs of IR35 assessments to contractors even though liability for the decision will legally remain with the original engager
The Budget 2020 decision to decimate the lifetime gains limit of £10m for entrepreneurs’ relief was hardly unexpeccted, but it does raise immediate questions about tax planning. Peter Rayney FCA CTA (Fellow) TEP examines the tax implications for business owners
The virtual abolition of entrepreneurs’ relief in Budget 2020 came as a blow to family owned businesses as the tax break is cut to £1m with immediate effect. Philip Smith assesses the fallout
The Chancellor’s first Budget included an announcement that from April 2021 large businesses will be required to notify HMRC when they take a tax position which HMRC is likely to challenge, but few details of the policy have been revealed
The government is clamping down on abuse of limited liability partnerships (LLPs) which claim to be operating for profit, but are actually not, clarifying HMRC powers to amend their tax returns, reports Sara White
The Chancellor has announced that the 100% first year capital allowance for investments within Enterprise Zones will now remain available until at least 31 March 2021, a year longer than planned
The Chancellor used his first Budget to make further changes to the corporate intangible fixed assets (IFA) regime, bringing older well-established intellectual property rights within its scope to create a unified approach
The Budget sets out plans to raise the rate of research & development expenditure credit (RDEC) for large businesses with a 1% increase in the claimable rate
In a Budget focused on supporting businesses through the current coronavirus crisis, the Chancellor announced a 1% increase in capital allowances under the structures and buildings allowance
The Chancellor Rishi Sunak will not abolish the hugely controversial entrepreneurs’ relief but will slash the lifetime limit with special provisions for disposals agreed before 11 March but not completed, reports Sara White
In the first Budget since October 2018, new Chancellor Rishi Sunak has set out a comprehensive set of measures to support business and households through the coronavirus crisis with business rate relief, time to pay tax deferrals and underwriting the cost of statutory sick pay for smaller businesses, reports Sara White
Global online marketplace eBay is calling for an international approach to digital taxation rather than countries adopting unilateral policies like the UK digital services tax
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