UK tax to be simplified

May 17, 2016

The UK has one of the most detailed tax codes in the developed economies. Readers might be amused, bemused, that the so-called Office of Tax Simplification (OTS) has launched a high level strategy…

Read more

Two thirds of large UK businesses experience computer hacking

May 12, 2016

  • Nearly seven out of ten attacks on all firms involved viruses, spyware or malware.
  • Record £1.9bn government investment to protect UK but industry must act to help protect themselves
  • New…

Read more

International tax transparency makes progress

May 10, 2016

Chancellor of the Exchequer, George Osborne hailed the international expansion of a UK-led deal to automatically share information on the ultimate owners of companies as over 20 jurisdictions, including…

Read more

Home owners may be caught by stamp duty increase

May 06, 2016

From 1 April 2016, buyers of residential property that is not to be their main residence in England, Wales and Northern Ireland, will be liable for the higher rates of Stamp Duty Land Tax (SDLT).…

Read more

Non competition clauses under the microscope

May 05, 2016

Business Secretary, Sajid Javid, has announced plans to look into employment rules that could be stifling British entrepreneurship by preventing employees from starting up their own business after…

Read more

Retirement age NI bonus

May 04, 2016

 When you reach the State Retirement Age (SRA) you stop paying Class 1 NIC contributions if you are employed, and Class 2 contributions if you are self-employed.

 You will still have to pay…

Read more

Lifetime transfers of assets

May 04, 2016

 Married couples and civil partners can gift each other assets and there will be no Inheritance Tax (IHT) charge on the lifetime gift as long as the recipient is domiciled in the UK.

However,…

Read more

What was in the Budget

May 04, 2016

Our government have selected their top-ten tax changes that come into effect from 6 April 2016. Just in case you need a refresher they are:

1.The personal allowance will increase to £11,000…

Read more

Good news for farmers

May 04, 2016

Under new rules, initially announced in the 2015 Budget, farmers will be able to average their profits for Income Tax purposes from two years to five years.

This change…

Read more

Sign up to our newsletter

Stay on top of what's happening, get information, and learn about our people.

Sign up