2016 was an eventful year and we’ve now safely made it into 2017. It’s been a busy time but it’s worth taking the opportunity to catch up on some of the developments at the end of last year. In November the Chancellor delivered his first – and last – Autumn...
With much of the country dealing with heavy snow this winter, it seems appropriate that the November Budget had a theme of freezing things. After the controversy and backtracking from his Spring Budget, the Chancellor seems to have ensured that his second effort of...
While the government worked out its new and unexpected position over the summer in the aftermath of the election, many were left wondering what the implications are now across a range of business and personal tax planning. Towards the end of July the Treasury issued a...
It’s been a rollercoaster year so far both politically and for tax planning, with the snap election for June and a subsequent snap Finance Act. The Treasury’s original 762-page Finance Bill – a record breaker – ended up as a slim line 148-page Act to speed its...
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...
The summer budget was not good news for owners of properties that are let out on the shorthold tenancy market. The annual Wear and Tear allowance is set to be scrapped along with higher rate tax relief against mortgage interest. Wear & Tear Allowance This is a...
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