Latest News
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HMRC takes aim at CGT relief claimants
The lifetime limit for Business Asset Disposal Relief fell to just £1 million back in 2020. Now, HMRC is sending letters out to individuals who claimed the relief in 2020/21, warning that they may have underpaid tax. What’s going on?
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Do you need help to grow?
Help to Grow is an initiative providing two schemes to smaller businesses with a view to helping growth. If a business wants to take advantage, what do they need?
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Tax repercussions of revoking Moscow Stock Exchange status
Until April 2022, the Moscow Stock Exchange (MOEX) was treated by HMRC as a “recognised stock exchange”. This status has been revoked in the wake of the invasion of Ukraine, but what tax repercussions does this have?
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HMRC warns against sharing sign in details
HMRC has updated its online services terms and conditions. Buried within the guidance is a warning not to share personal login information with an accountant or agent. What are the risks?
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New version of Form 64-8 launches
HMRC has issued a new Form 64-8 for authorising a representative to manage someone’s tax affairs. What does this mean for people that already have a tax agent?
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Capital allowances to be reformed?
The super deduction and temporary increase in the annual investment allowance are both set to end in March 2023. The government is now asking for views on how the capital allowances system can be reformed and improved. What’s on the cards?
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