News
A round up of our latest blogs, commentary or office news. Get in touch if you need more details on any of the topics covered.
Latest posts
Planning System Reform
The Chancellor, Rachel Reeves, sets out her plans for planning system reform in her first major speech today. You can see her 7 point plan here.
Bates Weston Summer Newsletter
Read our Summer newsletter, covering topical tax and regulatory changes and proposals, including the impact of recent tax changes on profit withdrawal plans
Practical steps for cash flow during the Covid-19 outbreak
Kay Brookes, Partner at Bates Weston offers practical steps that businesses can take to protect cash flow during the Covid-19 outbreak.
COVID-19: Government Emergency Measures Announced To Date
In the last few days, the Government has made major announcements about help for small businesses and individuals affected by coronavirus Covid-19. Here is a summary of what we know so far.
HMRC helpline if Covid-19 impacts paying your tax bill
HMRC helpline to support businesses and self employed concerned about being able to pay tax due to Covid-19
Budget 2020 Pension Changes
Richard Coombs, Tax Partner at Bates Weston explains the changes to the tapered annual allowance for pensions.
Entrepreneurs’ Relief: Its near abolition and s.169Q elections
Craig Simpson reviews the changes to Entrepreneurs’ Relief, anti forestalling measures (s.169Q election) and the impact on family wealth planning.
A summary of the Budget 2020 from Bates Weston
We summarise the main points from the Budget 2020 and our tax team highlight the key points for business owners.
Budget 2020
What will the Chancellor’s Budget 2020 speech hold in store for business owners?
HMRC Loan Charge Review – repayment of settlement amounts
Richard Coombs, Tax partner at Bates Weston, looks at the HMRC Loan Charge Review and the arrangements for repayment of settlement amounts.
Changes to off-payroll working rules – IR35- will go ahead
Changes to off-payroll working rules -IR35- will go ahead in April following Treasury report.
Inheritance Tax Reforms?
Bates Weston’s Tax team take a critical view of the Inheritance Tax reforms proposed by the All Party Parliamentary Group (APPG). The suggested reforms to the current Inheritance Tax regime are proposals, not yet policy, and will be heavily lobbied against.
Year End Tax Review
Our Year End Review Tax newsletter takes you through steps you can take to claim all relevant allowances and pay no more tax than you need to for the tax year ending 5 April 2020.
Tax efficient rental income and Form 17
The importance of Form 17 in planning tax efficient rental income from jointly owned property . Proper tax planning in this area can be very effective, but getting it wrong can be very expensive. Make sure you understand the rules or ask a tax professional to help you.