Tax

• Are You Self-Employed? Revised Guidance for Service Companies

  • Posted21 August 2012

  HM Revenue and Customs (HMRC) have published new guidance intended to help personal service companies determine their correct employment status. HMRC will take a risk-based approach to consider how...

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• More PAYE Code Changes Loom

  • Posted30 July 2012

  The very same day that the Institute of Chartered Accountants in England and Wales was inviting comment from its members on PAYE coding notice problems because ‘We know from your...

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• VAT Refunds Taxable, Tribunal Rules

  • Posted17 July 2012

  If you discover that you have overpaid VAT, you may be entitled to a refund. However, this raises the question of the tax status of the additional profit generated by...

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• When it is Time for the Young Ones to Take Over

  • Posted15 June 2012

  In any family business, when the owners wish to retire and pass the business on to the next generation, as opposed to selling it, there are many aspects to consider. ...

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• Take Care on Business Disposals

  • Posted31 May 2012

  Business owners will be aware that entrepreneur’s relief operates to reduce the Capital Gains Tax on qualifying business assets and that the availability of the relief can be crucial in...

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• Ownership Not Necessary for APR Claim

  • Posted22 May 2012

  Agricultural Property Relief (APR) is a relief that applies for Inheritance Tax (IHT) purposes. It is similar to Business Property Relief (BPR). Both operate to reduce the value of...

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