Treasury Updates

Stamp Duty Land Tax (SDLT) – additional properties As previously announced, the government will introduce higher rates of SDLT on purchases of additional residential properties from 1 April [...]

Loans to participators The loans to participators rules aim to prevent owners of close companies avoiding Income Tax and National Insurance contributions by remunerating themselves through loans [...]

The Personal Allowance will increase to £11,500, and the higher rate threshold will rise to £45,000 in April 2017 The Personal Allowance is the amount of income you can earn before you start [...]

Capital Gains Tax (CGT) Cuts to Capital Gains tax rates from 6 April 2016 but residential property still taxed at current rates From 6 April 2016, the rates of capital gains tax suffered by [...]

Soft drinks industry levy A new soft drinks industry levy is set to be introduced from April 2018. This will be paid by producers and importers of soft drinks that contain added sugar, but there [...]

Welcome cuts to business rates for small businesses From April 2017, small businesses that occupy property with a rateable value of £12,000 or less will pay no business rates. Currently this full [...]

In his first Autumn Statement and Spending review as Chancellor of a stand-alone Tory government, George Osborne’s speech lasted more than an hour and as you will have heard on the news, he [...]

The Autumn Statement 2015 – headline grabbers! In his first Autumn Statement and Spending Review as Chancellor of a stand-alone Tory government George Osborne’s speech lasted more [...]

In the Autumn Statement, the Chancellor announced that he was restricting unfair tax advantages on incorporation when he denied corporation tax relief for goodwill acquired from a related [...]

Many corporate business owners choose to reduce their tax bill by taking only a small salary, but withdrawing company profits by way of a dividend.