Our Autumn 2016 Newsletter (September 2016)

In the autumn edition of our newsletter, we explore the most important news in the world of taxation and business and we hope you enjoy reading it.

We cover one important area in our feature this edition on changes to entrepreneurs’ relief. Entrepreneurs’ relief is important for all business owners but there have been changes that could affect directors so it’s key that you know what they are.

Our other stories include:

  • Tax on investments: new opportunities  Valuable opportunities have opened up recently to save tax on investments.
  • Loans rates rise for close companies  The rate of ‘temporary’ tax charged on loans to participators in close companies has been increased from 25% to 32.5%, with the increased rate applying to loans made on or after 6 April 2016.
  • Implications of Brexit for tax and business The vote to leave the European Union has triggered a period of uncertainty for the UK economy. The UK’s future relationship with the EU will not be clear for some time.

As usual, there is plenty of information in the newsletter to absorb, so let us know if you’d like more information on any of these topics – we’d love to hear from you.

Kevin Hill