Tax Matters

The Conservative Party manifesto also included a promise to increase R&D expenditure relief for non-SMEs from 12% to 13% and this was confirmed in the

There has again been much lobbying from the small business sector to reduce business rates to enable traditional retailers in particular to compete with internet

It will be nearly 18 months since the last Budget and in the meantime we will have had three different chancellors following the unexpected resignation

We are expecting major changes to inheritance tax (IHT) in the March Budget following two reviews by the Office of Tax Simplification (OTS) and also

Another tax relief that may be further restricted or even abolished is CGT entrepreneurs’ relief.  This relief allows business owners to pay just 10% CGT

Have you used your 2019/20 £12,000 annual capital gains exemption? Consider selling shares where the gain is less than £12,000 before 6 April 2020. Also,

There are frequent rumours that pension tax relief will change in the Budget. This is even more likely this year as the new Government looks

Your maximum annual investment in ISAs for 2019/20 is £20,000.  Your investment needs to be made before 6 April 2020.  In addition, have you thought

For every £2 that your adjusted net income exceeds £100,000 the £12,500 personal allowance is reduced by £1. Pension contributions and Gift Aid can help

If you are looking for investment opportunities, have you considered the Enterprise Investment Scheme (EIS)? These investments in certain qualifying companies allow you to set