Capital Gains Tax was reduced from 28% to 20% for some, but significantly the pressure has been maintained on residential property with buy-to-let landlords being excluded from the reduction. Further bad news for property investors was the exclusion of any cap from the 3% additional Stamp Duty Land Tax for large investors.
Budget 2016 – The Analysis
Published on 17th March 2016
The UK’s tax system is going digital. The UK is a world centre for technology innovation and the UK government recognises the need to keep pace. It promises the digital transformation of tax administration, leaving more time to plan and utilise the abundance of tax reliefs available in the UK.
Why the HMRC’s digital transformation will make the UK even more open for business
Published on 15th March 2016
tax planning is an area where many want to see the Government take greater control. Perception from recent high-profile cases of larger multinationals, such as Google and Starbucks, is that these organisations need to pay ‘their fair share’.
2016 Budget Options: Pensions, CGT and Income Tax allowance
Published on 15th March 2016
Whatever your business, it is worth taking a long-term view when considering how you exit the company eventually and how your staff are rewarded in the meantime and I strongly recommend seeking advice to ensure you have a plan in place to deal with any changes that are coming.
Reasons why entrepreneurs should take a longer term view and not rush to liquidate their company.
Published on 1st March 2016
The new regime comes into effect on 6 April 2016, to avoid falling within the new regime dividends must be paid before then.
When to pay dividends this year in light of the new dividend regime or What a difference a day makes – tax on dividends paid on 5th April v. tax on dividends paid on 6th April 2016.
Published on 18th February 2016
We are buoyant and excited about the future
Growing a successful property business – RIB’s story
Published on 4th February 2016
incorporation is most likely to suit a business which has low borrowing requirements, low turnover of properties and can afford to roll up profits within the company to take advantage of the low corporation tax rate. This is not your typical buy-to-let Landlord
Should I Incorporate my Buy-to-Let Business?
Published on 25th January 2016
If the government really wants to help those companies then a shake-up of the planning process would be a real business improver.
Housebuilders’ Outlook for 2016: Will all housebuilders really benefit from the UK government’s new commitment to build affordable homes?
Published on 25th January 2016