News
Information is a key element of success and we can help keeping you up to date.
Capital gains tax receipts tipped to soar
Treasury expects to net £15.7bn in 2023/24.Tax body demands VAT simplification
Rules for food and drink ‘overly complex’.Economy stagnant in early 2020
Latest GDP figures released.Duties – stamp duty surcharge for non-UK residents
Stamp duty land tax surcharge on non-UK residents With effect from 1 April 2021, a 2% stamp duty land tax surcharge will apply to non-UK residents purchasing residential property in England and Northern Ireland. Stamp duty and stamp duty reserve tax On...Business – entrepreneurs’ relief to be reduced
Corporation tax The main rate of corporation tax will now remain at 19% from 1 April 2020, despite original plans to reduce this to 17%. This remains the lowest headline rate in the G20. Additionally, it was announced that the main rate of corpo...Spring Budget 2020: Personal
The key personal announcements revealed in the Chancellor’s speech on 11 March 2020.Spring Budget 2020: Business
The key business announcements revealed on 11 March.Spring Budget 2020: Reactions
What the key industry groups have to say about the Chancellor’s Budget speech.Other announcements – plastic packaging tax
Plastic packaging tax A new plastic packaging tax will take effect from 1 April 2022 at a rate of £200 per tonne. This will apply to plastic packaging produced in, or imported into, the UK that does not contain at least 30% recycled plastic. The ...VAT – construction industry reverse charge reminder
Abolition of the ‘tampon tax' The first headline for VAT in the Chancellor's speech came when Sunak announced that the UK leaving the EU presents an opportunity to introduce legislation applying the zero-rate of VAT to women's sanitary products. VAT is...
Get in touch today for a personal consultation
You’ve seen some of what Harold Sharp has to offer – now let’s talk about you.