Read our Autumn Budget Report here. The Budget measures aimed to raise over £40bn in taxes, by far the lions share coming from an increase in Employer’s National Insurance Contributions (ERNIC).
Corporation Tax
Autumn Budget Headlines
Here are the headlines from the Chancellor’s Autumn Budget. We have focussed particularly on the business tax measures announced in the Budget.
business rates
Museums and Galleries Exhibition Tax Relief claims
Sean Douglass, Audit Partner at Bates Weston considers Museums and Galleries Exhibition Tax Relief (MGETR) claims – who can claim it, what can be claimed for and what it is worth.
Labour’s tax plans
What do we know about the Government’s tax plans to date and what can we expect in the near future?
Autumn Statement 2023
The headlines from the Autumn Statement 2023 and a more detailed summary. Covers National Insurance, Capital allowances, Business rates and R & D.
Corporation Tax – reducing business taxation in the Autumn Statement?
Will the Chancellor use Corporation Tax measures in reducing business taxation in the Autumn Statement? He could reduce the rate of Corporation Tax, extend the Corporation Tax Bands and/or extend full expensing? Craig Simpson, Tax Partner at Bates Weston gives his views.
Delving into Demergers
Richard Coombs, tax partner at Bates Weston, uncovers the problems demergers are designed to fix. He explains how problems arise and why trying to resolve them using anything other than a demerger can often lead to significant tax charges.
Increasing interest rates on overdue tax
The impact of rising interest rates on overdue tax charges, particularly costs associated with late payment of tax and paying Corporation Tax by instalments.
What is a holding company?
Craig Simpson, Tax Partner at Bates Weston, provides a brief guide to the holding company, including its purpose and how to put one in place.
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