Richard Coombs, tax partner at Bates Weston looks at selling part of a business and considers whether a business separation demerger is the answer.
Business separation demerger
read more
HMRC
HMRC
Cost of professional tax advice
HMRC seems to confirm that the cost of professional tax advice does indeed represent good value for money.
HMRC clearance
Craig Simpson, Tax partner at Bates Weston explains how HMRC clearances work, and when and why you might need them.
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.
Changes in the way taxable business profits are calculated
If you are a sole trader or partnership and your accounting year end is not 31 March or 5 April, you are going to be affected by a change in the way taxable business profits are calculated for a tax year.
What is next for MTD ITSA?
The current situation with Making Tax Digital for Income Tax Self-Assessment – MTD ITSA, and what may happen next.
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.
Embracing Making Tax Digital
How keen is the UK, in general, to embrace HMRC’s Making Tax Digital (MTD) initiative? Are we lagging behind other countries in adopting a digital system and have we gone far enough to digitise all business processes, rather than just the integration with the tax system?
Latest Capital Gains Tax figures published
Our tax team take a look at the latest Capital Gains Tax (CGT) figures published by HMRC and consider what the future holds for the tax.
Looking to grow? Take the next step
From compliance to growth, our accounting firm in Derby has you covered. Call us to see how we can help.