Might this virus change our long-term future?

Might this virus change our long-term future?

It surely isn’t a controversial proposition to predict that the current crisis might have lasting consequences on the way we live and work. It may be that this period of strife, restriction and reflection pushes us further and faster down some of the tracks which we...
Falling assets? A tax opportunity.

Falling assets? A tax opportunity.

The immediate challenge facing the world (we don’t need to mention its name) has already had, and may well continue to have, a significantly negative impact upon asset values. We are all are too well aware of this. We hope and believe that this will be a temporary...
IR35 delayed in a bid to protect economy

IR35 delayed in a bid to protect economy

During yesterday’s Budget debate, it was confirmed that the IR35 tax reforms would be delayed to April 2021. IR35, which came into effect in 2000, was introduced to tackle contractors working as disguised employees in Limited companies in order to take advantage of...
Entrepreneurs’ Relief – Still Alive!

Entrepreneurs’ Relief – Still Alive!

Tax Tuesday has mixed feelings about correctly predicting the reduction in the lifetime gain eligible for Entrepreneurs’ Relief (ER), announced in last week’s Budget. Thankfully, the attractive relief has survived, albeit at a reduced level, so now is an ideal time to...
Budget 2020: What are we “getting done”?

Budget 2020: What are we “getting done”?

Download the Budget Summary A new Chancellor facing the aftermath of Britain’s departure from the EU and a virus outbreak that is causing chaos globally. It’s fair to say that not many of us envied Rishi Sunak as he presented this year’s hotly anticipated Budget...
Ten explicit predictions… for marking afterwards

Ten explicit predictions… for marking afterwards

Tax Tuesday, today, sticks its neck out and predicts (ok, guesses) the ten most important tax changes affecting our clients, which Mr Sunak will announce tomorrow. Shall we say the pass mark is 40%?…. 1. Entrepreneurs’ Relief (ER) The ER 10% rate of tax...