Offshore Income Reporting
Date posted: 14th Aug 2020
HM Revenue & Customs (“HMRC”) have started to issue letters to clients and their representatives in relation to unreported overseas income. HMRC are clearly concerned that individual’s are…
Date posted: 14th Aug 2020
HM Revenue & Customs (“HMRC”) have started to issue letters to clients and their representatives in relation to unreported overseas income. HMRC are clearly concerned that individual’s are…
Date posted: 14th Aug 2020
The Court of Appeal has recently ruled that certain modified vans are regarded as cars for tax purposes, rather than vans. This follows on from the original tribunal…
Date posted: 10th Aug 2020
100% grant support opportunity for North East LEP area businesses SMEs based in the North East LEP area (County Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside and…
Date posted: 6th Aug 2020
When the Chancellor announced a temporary cut in the rate of VAT for the hospitality sector and attractions in his Summer Statement on 8 July there were a…
Date posted: 6th Aug 2020
There has been a lot of speculation in the Press that the Chancellor may introduce radical changes to capital gains tax to start to repay the substantial Government…
Date posted: 15th Jul 2020
Following the Chancellor’s recent announcement regarding the cut to stamp duty land tax (SDLT), the UK residential property market is expected to see an increase in transactions in…
Date posted: 8th Jul 2020
Travel restrictions imposed by COVID may cause a tax headache for a number of individuals who are usually regarded as non-UK resident and as a result do not…
Date posted: 8th Jul 2020
Tax relief for research and development (R&D) expenditure, remains an underclaimed corporate tax relief. Nevertheless, for those companies claiming the relief, it has proven to be a valuable…
Date posted: 8th Jul 2020
Historically, HMRC have applied a concessionary treatment in relation to postal search fees, charged by solicitors. This follows on from the Brabners v HMRC case, from a…
Date posted: 8th Jul 2020
Coronavirus Job Retention Scheme 1. Timescale for furlough support programme The chancellor confirmed that the previously announced changes to the scheme will not be varied. The scheme will…
