ACCA Archives - Page 102 of 189 - Whitefield Tax - Isle of Wight Accountants

Changes to Entrepreneurs’ Relief confirmed

by Jessica Garbett | Dec 21, 2018 | ACCA, budget, business taxation, capital taxation

The Budget included an announcement about Entrepreneurs’ Relief; make sure you are up to date with the latest rules. The usual pre-Budget rumours were doing the rounds regarding large scale changes to Entrepreneurs’ Relief. Post-Budget there is some relief in the...

Let property relief fallout from the Budget

by Jessica Garbett | Dec 19, 2018 | ACCA, budget, property taxation

Analysis of the CGT situation for LPR changes for landlords. In the October Budget, the chancellor announced changes which will impact on landlords’ capital gains tax position (where they are eligible for letting relief) from April 2020. These were: the final period...

AIA – a comprehensive first year allowance

by Jessica Garbett | Dec 17, 2018 | ACCA, budget, business taxation

An overview and worked examples of Annual Investment Allowance (AIA). AIA is effectively a 100% first year allowance for business expenditure on qualifying plant or machinery. The general rule is that qualifying expenditure is: expenditure on the provision of plant or...

Crackdown on reckless directors

by Jessica Garbett | Dec 14, 2018 | ACCA, budget, business issues

Tougher penalties for directors who dodge debts. Following Royal Assent of Finance Bill 2019/20, the government has announced that directors and other persons involved in tax avoidance, evasion or phoenixism (a minority of directors who deliberately dodge debts by...

VAT on vouchers

by Jessica Garbett | Dec 12, 2018 | ACCA, VAT

Are you aware of how the law on VAT and vouchers is changing? From 1 January 2019, the UK law on VAT and vouchers is changing due to the deadline enforced by the EU’s Vouchers Directive. The change will affect businesses such as retailers and distributors who issue...

Is your organisation trading or non-trading for tax purposes?

by Jessica Garbett | Dec 10, 2018 | ACCA, business issues, business taxation

Updated guidance from HMRC on active, non-active and dormant statuses. HMRC has recently updated its guidance on being ‘active’, trading and non-trading, and being dormant for new or existing companies and organisations. Active, trading and non-trading – what’s the...

« Older Entries

Next Entries »

Changes to Entrepreneurs’ Relief confirmed

Let property relief fallout from the Budget

AIA – a comprehensive first year allowance

Crackdown on reckless directors

VAT on vouchers

Is your organisation trading or non-trading for tax purposes?

Register for our Newsletter

Whats Current?

Latest News

Search News by Date or Category

From our daughter business YogaTax