HMRC News

HMRC have announced plans to replace 170 local tax offices across the country with 13 new regional centres as part of a major restructuring project aimed at cutting millions from the taxman’s budget. The radical plan will lead to an estimated 56,000 redundancies as a...

November VAT News

Zer0-rate Construction – Community Buildings Under Schedule 8, Group 5, the construction of a building that is to be used for a relevant charitable purpose can be zero-rated for VAT purposes. This can also extend to include village hall type buildings that...

Budget updates & implications

The Budget included a surprise attack on some landlords and yet further changes to the pension rules.  What impact might these have on you? Buy-to-let loans. Over a period of four years starting on 6 April 2017 tax relief at higher rates will be phased out for...

Dividend changes in more detail

Big changes to the taxation of dividends from April 2016 In his Summer Budget, the Chancellor announced a major change to the taxation of dividends that arrives in April 2016 and affects the majority of our clients. 

Before looking at the changes, let’s have a quick...