North East Shadow MPC January 2023
Date posted: 1st Feb 2023
A group of North East Businesses have voted for a rise in interest rates by a majority of four to three. The group highlighted factors that are currently…
Date posted: 1st Feb 2023
A group of North East Businesses have voted for a rise in interest rates by a majority of four to three. The group highlighted factors that are currently…
Date posted: 11th Jan 2023
As we begin 2023 and with household finances stretched, Lee Watson, partner at Clive Owen LLP, considers whether is it time to finally consider undertaking that tax planning…
Date posted: 9th Jan 2023
At the Autumn Statement, HMRC were given a further £79m to continue to tackle tax avoidance and evasion. HMRC believe that this will raise a further £725m in…
Date posted: 9th Jan 2023
Whilst the new tax year is a few months away, we felt it was a worthy time to remind taxpayers that the capital gains tax allowance for 2023/24…
Date posted: 9th Jan 2023
Sometimes it is obvious that a trade is being undertaken – a plumbing business, a manufacturing business, an accountant or solicitor are all ‘trades’. However, not all trading…
Date posted: 9th Jan 2023
Business Property Relief (BPR) is an attractive inheritance tax (IHT) relief potentially providing 100% tax relief in respect of qualifying assets (termed ‘relevant business property‘) relating to both…
Date posted: 9th Jan 2023
The Construction Industry Scheme (CIS) is a tax deduction scheme under which tax is deducted from payments made to subcontractors for construction work unless the subcontractor is registered…
Date posted: 9th Jan 2023
Taxpayers unable to settle their tax liability on time may be able to make a Time to Pay arrangement with HM Revenue and Customs (HMRC). Self-Assessment If you…
Date posted: 9th Jan 2023
The deadline for completing your 2021/22 self assessment tax return is 31 January 2023. If the tax return is not completed prior to this date, you will receive…
Date posted: 6th Jan 2023
Engineering Installations Teesside Ltd, which is based on Skippers Lane Industrial Estate in Middlesbrough, has been acquired by forward-thinking and ambitious new owners LSM Associates Limited. Founded in…