Category Archives: News

A Picture of Richard Verge - Tax Director

Against a backdrop of rising costs and inflation Rishi Sunak’s Spring Statement focused on easing the burden for families and businesses

Spring Statement 2022

Richard Verge - Tax Director - rverge@goodmanjones.com

Posted on 24th March 2022

Categories:

The most important thing for companies is to put a structure in place and be strategic about how they manage their currency risk...

Podcast: Managing Currency Risks & Rewards amid Record Inflation

Esther Wood - Partner - ewood@goodmanjones.com

Posted on 17th February 2022

Categories:

Businesses in the EU should note that the process and deadline for making a VAT claim has changed this year, due to Brexit.

VAT claim deadline for overseas businesses is fast approaching

Esther Wood - Partner - ewood@goodmanjones.com

Posted on 7th December 2021

Categories:

Other than a few technical adjustments, there seems to be no immediate or radical changes to CGT and IHT today however it also does not appear to have completely rejected the idea of an overhaul which still could be seen in the future.

No changes to Inheritance Tax and no radical changes to CGT

Reena Bhudia - rbhudia@goodmanjones.com

Posted on 2nd December 2021

Categories:

The extended deadline will be particularly helpful given that the reporting process is not straightforward

Changes to reporting disposals of UK residential property

Reena Bhudia - rbhudia@goodmanjones.com

Posted on 2nd December 2021

Categories:

The Chancellor announced two key changes to R&D; one restrictive and one beneficial

Research & Development: What’s the situation post Autumn Budget 2021?

Graeme Blair - Partner - gblair@goodmanjones.com

Posted on 3rd November 2021

Categories:

Welcome announcements included increasing R&D support, extending the higher annual investment allowance limit, reductions in business rates for the high street and increases in the cultural tax reliefs. There were the increases in NI and dividend tax, the new residential property developer tax, the economic crime (AML) levy and the basis period reforms for unincorporated businesses.

Autumn Budget 2021

Richard Verge - Tax Director - rverge@goodmanjones.com

Posted on 28th October 2021

Categories:

Although this is a welcome announcement I still believe that the landscape of tax, the year-end and basis periods should be considered collectively.

An update on basis period reforms

Graeme Blair - Partner - gblair@goodmanjones.com

Posted on 6th October 2021

Categories:

My perception is the professional bodies have given a wholehearted thumbs down to the proposals and so I would be surprised if the Autumn Statement pushed forward the proposals without modification, or further consultation.

Will the basis period reforms actually happen?

Graeme Blair - Partner - gblair@goodmanjones.com

Posted on 30th September 2021

Categories:

Who we help

Our services

About us

Our Insights

Category Archives: News

Against a backdrop of rising costs and inflation Rishi Sunak’s Spring Statement focused on easing the burden for families and businesses

Spring Statement 2022

The most important thing for companies is to put a structure in place and be strategic about how they manage their currency risk...

Podcast: Managing Currency Risks & Rewards amid Record Inflation

Businesses in the EU should note that the process and deadline for making a VAT claim has changed this year, due to Brexit.

VAT claim deadline for overseas businesses is fast approaching

Other than a few technical adjustments, there seems to be no immediate or radical changes to CGT and IHT today however it also does not appear to have completely rejected the idea of an overhaul which still could be seen in the future.

No changes to Inheritance Tax and no radical changes to CGT

The extended deadline will be particularly helpful given that the reporting process is not straightforward

Changes to reporting disposals of UK residential property

The Chancellor announced two key changes to R&D; one restrictive and one beneficial

Research & Development: What’s the situation post Autumn Budget 2021?

Autumn Budget 2021

Although this is a welcome announcement I still believe that the landscape of tax, the year-end and basis periods should be considered collectively.

An update on basis period reforms

My perception is the professional bodies have given a wholehearted thumbs down to the proposals and so I would be surprised if the Autumn Statement pushed forward the proposals without modification, or further consultation.

Will the basis period reforms actually happen?

Against a backdrop of rising costs and inflation Rishi Sunak’s Spring Statement focused on easing the burden for families and businesses

The most important thing for companies is to put a structure in place and be strategic about how they manage their currency risk...

Businesses in the EU should note that the process and deadline for making a VAT claim has changed this year, due to Brexit.

Other than a few technical adjustments, there seems to be no immediate or radical changes to CGT and IHT today however it also does not appear to have completely rejected the idea of an overhaul which still could be seen in the future.

The extended deadline will be particularly helpful given that the reporting process is not straightforward

The Chancellor announced two key changes to R&D; one restrictive and one beneficial

Although this is a welcome announcement I still believe that the landscape of tax, the year-end and basis periods should be considered collectively.

My perception is the professional bodies have given a wholehearted thumbs down to the proposals and so I would be surprised if the Autumn Statement pushed forward the proposals without modification, or further consultation.

Initial thoughts are that companies should be looking at their distributable reserves and considering paying dividends before 6 April 2022 and employers could consider salaries and bonuses before the same date as well.