Committee Warns Small Businesses 'Could Pay Heavy Price' For MTD The Economic Affairs Committee has warned HMRC that small businesses 'could pay a heavy price' for Making Tax Digital for VAT…
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Leaving The EU With No Deal The government has published a collection of documents in preparation for the scenario of the UK leaving the EU without a Withdrawal Agreement a…
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180,500 New Homeowners Benefit From Stamp Duty Tax Relief According to statistics published by HMRC more than 180,500 first-time buyers have benefitted from First Time Buyers Relief (FTBR). The relief…
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Tax-Free Gifts To Employees Some employers may wish to give a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will arise…
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Advisory Fuel Rates For Company Cars New company car advisory fuel rates have been published which took effect from 1 December 2018. The guidance states: 'You can use the previous rates…
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Phishing Tax Refund Email Targets University Students HMRC has warned that university students are being bombarded with fake tax refund emails. The scammers have targeted university students in an attempt…
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Inheritance Tax Review By Office Of Tax Simplification The Office of Tax Simplification (OTS) has published the first of two reports on inheritance tax.The first report sets out an explanation…
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November NewsletterGW Cox & Co's November Newsletter is now available. This months edition includes information implementing Making Tax Digital for VAT, which comes into effect in April 2019. We will also…
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Capital Allowances Changes A number of changes to capital allowances were announced at the Budget, including an increase in the Annual Investment Allowance (AIA), for two years to £1 million,…
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Entrepreneurs' Relief Changes The government announced, as part of the Budget, that some changes are being made to the rules for Entrepreneurs' Relief (ER) with immediate effect for disposals on…
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