Richard Coombs, Tax Partner at Bates Weston comments on the Government’s announcement to review the loan charge and gives a reminder of the timescales
Loan Charge review announced by Government
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Taxation
Taxation
HMRC take their time with R & D tax credit claims
HMRC taking 90 days instead of 28 to process R & D tax credit claims, but hope to be up to date by the end of September.
Section 431 Election – more than just a piece of paper?
The relevance of signing a section 431 election and the tax consequences when shares are acquired by employees.
Selling your business and the impact of payments to Personal Service Companies.
Watch out for the impact of Off-Payroll working rules in sale transactions from April 2020If you own  a private limited company and make payments to a personal service company (PSC) then from April 2020 it will be the clients responsibility to police the IR35 regime....
SDLT Payment Pressures
As of 31 March 2019, SDLT is now due for payment 14 days after the completion of the transaction.Given the cashflow pressures of this it will be more important than ever to get the SDLT liability right and take advantage of any reliefs available. Multiple Dwellings...
Claiming Entrepreneurs’ Relief on dilution
Cassandra Graham, Tax manager at Bates Weston, explains the elections you can make to protect your Entrepreneurs' Relief on dilution of your shareholding.As ever, this article is general in nature and you should take no action based upon it without first consulting...
What now for the Loan Charge?
Richard Coombs, Tax Partner at Bates Weston, looks at the outcry against the retrospective nature of the loan charge, effective from the beginning of April 2019.You would be forgiven for thinking that now that April has passed then the loan charge is now a done deal...
Tips to reduce your tax bill
Puzzling over your tax return?As the tax deadline of 31 January looms, our thoughts turn to making sure our client’s tax affairs are in order and that they are taking all reasonable measures within the constraints of the tax system, to ensure that they minimise their...
Changes to Principal Private Residence Relief
Graham Buckell, Tax Partner at Bates Weston, explains the changes made to Principal Private Residence Relief (PPR) in the budget. "In his Budget speech, the Chancellor announced two changes to principal private residence relief. Both are due to come into effect from...
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