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
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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
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