What does the Queen’s Speech mean for employment law?
The Queen’s Speech 2019 outlined several Brexit-related Bills, including an Immigration and Social ... read more
New £20 note unveiled
The Governor of the Bank of England, Mark Carney, has unveiled the design of the new £20 note ... read more
National Living/Minimum Wage entitlement
A reminder that the current National Minimum Wage (NMW) and National Living Wage (NLW) rates came into ... read more
Who is eligible for 10% tax on business sale?
Entrepreneurs' Relief (ER) can be valuable relief when selling your business, your shares in a ... read more
Tax if you return to the UK
There used to be a form that had to be completed advising HMRC if you were returning to live in the UK ... read more
Provisional date announced for Autumn Budget 2019
The Chancellor of the Exchequer, Sajid Javid, has announced that he is planning to hold his first Autumn ... read more
Gifts in anticipation of marriage
There is a special exemption from Inheritance Tax for cash gifts made on or shortly before the date that ... read more
Definition of a Welsh taxpayer
The start of the 2019-20 tax year marked a fundamental change to the way Income Tax is calculated for ... read more
Definition of a Scottish taxpayer
The Scottish rate of Income Tax (SRIT) commenced on 6 April 2016 and is administered by HMRC on behalf of ... read more
Simplified import procedures
HMRC has automatically registered many businesses to use simplified import procedures should the UK leave ... read more
Changing your company’s year end
There are special rules in place which limit your options to change your company’s year-end date. A ... read more
What is the Inheritance Tax residence nil rate band?
The Inheritance Tax residence nil-rate band (RNRB) came into effect on 6 April 2017. The RNRB is a ... read more
What is Capital Gains Tax incorporation relief?
If you own a business as a sole trader or in partnership, a Capital Gain will arise if your business is ... read more
Overdrawn directors’ loans
An overdrawn Director’s Loan Account is created when a director (or other close family members) ... read more
When overseas companies need to register at Companies House
An overseas company must register with Companies House if they want to set up a place of business or ... read more
Objecting to a limited company being struck off
There are a limited range of circumstances when a company can request to be removed from the register ... read more
Post Brexit funding announced
The Chancellor is set to announce a new package of measures to help the UK prepare for a post-Brexit ... read more
Residential landlords’ tax changes complete April 2020
The tax relief on finance costs used to buy investment properties is being gradually restricted to the ... read more
Making a loss when you sell your home?
One of the most often used and valuable of the Capital Gains Tax (CGT) exemptions is Private Residence ... read more
Changes to off-payroll working from April 2020
The rules for individuals providing services to the public sector via an intermediary such as a Personal ... read more