Subjects: Tax – updates

Offshore income and assets, Requirement to Correct

Do you have, or have you had any offshore income or assets?
If so you may be impacted by the new legislation brought in by HMRC known as the ‘Requirement to Correct’ rule. Anyone with undeclared offshore tax […]

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Tax return must be top on your Christmas list

At this time of year our focus is on buying presents, putting up decorations and preparing for a lavish Christmas dinner, but you need to remember the self-assessment tax return deadline.
The deadline
You have until midnight on 31 January 2018 to […]

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Tax update from Linda Warner, Tax Partner

Linda Warner, Tax Partner gave a tax briefing at our recent client event as well as some pre-budget predictions.
Need our help?
Contact us to find out more about how we can help you with tax planning.
Visit our tax services […]

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Research and Development tax relief – know you qualify before you start

Advance Assurance provides businesses with the option to apply in advance to claim back Research and Development tax relief.
Claiming R&D tax relief is so often overlooked by companies who dismiss it. Many think it will be a lot of hassle […]

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Tax advantages for the staff Christmas party

Staff Christmas parties are a way to celebrate the festive season with colleagues and let your hair down after a long year of hard work. So how does our tax system join in with the festive spirit at Christmas?
The cost […]

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How Trusts can be used for tax planning

Trusts are a useful means of preserving wealth. They allow assets to be passed down through the generations in a secure and tax efficient manner.
Trusts are flexible as they can include a range of assets, including both existing family owned […]

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Three things which you might not know about Enquiry Closure notices

Most practitioners are probably familiar with the basics of enquiry work. However, I thought that I’d highlight three lesser known points about closure notices.
Can a closure notice be rescinded?
If HMRC unintentionally issue a closure notice in the wrong figures can […]

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New register of overseas company owning UK property

If you are an overseas company owning UK property, you need to be aware of a new public register.
The Government is proposing to establish a public register which records information about the beneficial ownership of overseas entities that own UK […]

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Beware of a scam asking for your VAT number

We wanted to alert you to a VAT number scam of which we have become aware; it takes the form of a postal mailshot which could result in a bill of almost £2,400 over a period of three years (and […]

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Company tax planning – shareholding exemption

New options for company tax planning thanks to changes to shareholding exemption
Changes to the substantial shareholding exemption (SSE) rules could offer useful tax planning options for family and other businesses.
SSE has provided a complete exemption from tax on profits made […]

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