Displaying 1-10 of 205 results
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TAX FACULTY
Why special tax sites really are special
- Article
- 30 May 2024
Enhanced capital allowances may be claimed where qualifying expenditure is incurred in freeports and investment zones. Bryan Crawford looks at the conditions for making a claim and explains how businesses can benefit from the reliefs.
A lowdown on full expensing for SMEs
- Article
- 23 May 2024
Announced as a permanent capital allowance in the 2023 Autumn Statement, full expensing is a boon for companies investing in capital assets. Here, we examine the details of the new allowance and how to compile a claim.
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TAX FACULTY
Basis period reform begins to bite
- Article
- 30 Apr 2024
Financial year 2023/24 is important in the move from basis periods to the tax year basis for unincorporated businesses. Richard Jones looks at how to approach the change.
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TAX FACULTY
Don’t forget associated companies, warns ICAEW Tax Faculty
- Article
- 30 Apr 2024
In the latest episode of The Tax Track podcast, the Tax Faculty warns that a company may have a higher tax bill where there are associated companies, and that applying the rules can be challenging.
HMRC stops paper notifications for tax repayments
- Article
- 28 Mar 2024
A taxpayer receiving a repayment of corporation tax or income tax self assessment will no longer receive a letter notifying them of the repayment.
R&D tax relief: what you need to know
- Article
- 27 Mar 2024
Research and development tax relief is a key government incentive encouraging much-needed investment. Making a claim requires thought and planning, an understanding of the common pitfalls and possibly external support, too.
ICAEW technical updates: March 2024
- Article
- 26 Mar 2024
This month’s top stories include Spring Budget announcements, HMRC halting the decision to restrict helplines, and more guidance on the lifetime allowance abolition.
Errors made in applying the corporate interest restriction
- Article
- 11 Mar 2024
HMRC has identified a number of common errors made by companies and agents in respect of the corporate interest restriction.
Chancellor abolishes furnished holiday lets treatment and announces stamp duty land tax changes
- Article
- 06 Mar 2024
From April 2025, taxpayers will no longer be able to treat their property business as a furnished holiday let (FHL). Stamp duty land tax multiple dwelling relief (SDLT MDR) will be abolished from 1 June 2024.
HMRC u-turns on double cab pickups
- Article
- 21 Feb 2024
HMRC will continue to treat double cab pickups as goods vehicles for the purposes of the BIK and capital allowances rules.
Displaying 1-10 of 205 results
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Search for a consultant to help you with a specific technical tax problem. TAXconnect works on a telephone ‘hotline’ system, whereby consultants offer advice to fellow Tax Faculty members on tax problems for a nominal fee.