Category Archives: Tax

A Picture of Richard Verge - Tax Director

Time will tell whether the boost given to business of the reduced 18% corporation tax rate will be sufficient to pay for this

George Osborne’s Summer Budget 2015 – Analysis

Richard Verge - Tax Director - rverge@goodmanjones.com

Posted on 9th July 2015

Categories:

News
Tax

Overall, and in conclusion, it is fair to say that being a UK Non-Domiciled employee is far from being the ‘free holiday’ that it is often popularly reported and the pitfalls and minefields are there for employers and professional advisors alike, as well as the individuals themselves.

UK Non-Domiciles – a Very Taxing Problem

Nigel Wilkinson - nwilkinson@goodmanjones.com

Posted on 24th June 2015

Categories:

The Revenue allow a deduction for wear and tear where the property is let with sufficient furniture and furnishings for normal residential use. A second hand bed and a sofa would near enough achieve that goal.

A Trip to Ikea? The withdrawal of the renewals basis and merits of furnishing a let property

Paul Webster - paul.webster@goodmanjones.com

Posted on 24th June 2015

Categories:

Even while the matters were under discussion, HMRC’s computer automatically referred the disputed sum to external debt collectors.

Will automatic penalties be a thing of the past?

Graeme Blair - Partner - gblair@goodmanjones.com

Posted on 17th June 2015

Categories:

my hope is that we will see of move towards a future of greater certainty over employment status and a reducing of the gap between the tax cost of employment and self-employment.

Are you employed or self-employed? New OTS report on employment status

Richard Verge - Tax Director - rverge@goodmanjones.com

Posted on 13th May 2015

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The Finance Act 2015 has made the use of a feeder company more difficult and has restricted the ability to extract profits out of development vehicles at a 10% rate of tax.

The Finance Act 2015 – the impact on property developers

Graeme Blair - Partner - gblair@goodmanjones.com

Posted on 7th May 2015

Categories:

the non-resident property owner who is not within Self-Assessment could face some serious problems later on down the line when they come to sell.

CGT for Non-Residents – to Value or not to Value

Paul Webster - paul.webster@goodmanjones.com

Posted on 1st April 2015

Categories:

For properties purchased after April 2012, the value used is the purchase price. HMRC have stipulated that the values need to be reassessed every five years so 1 April 2017 will be the next applicable valuation date.

What are the changes to Annual Tax on Enveloped Dwellings (ATED)?

Paul Webster - paul.webster@goodmanjones.com

Posted on 25th March 2015

Categories:

From 6 March 2015, HMRC’s late filing penalty regime extends to employers with fewer than 50 employees.

Penalties: RTI (Real Time Information) for PAYE

Amit Sharma - Partner - asharma@goodmanjones.com

Posted on 9th March 2015

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Category Archives: Tax

Time will tell whether the boost given to business of the reduced 18% corporation tax rate will be sufficient to pay for this

George Osborne’s Summer Budget 2015 – Analysis

Overall, and in conclusion, it is fair to say that being a UK Non-Domiciled employee is far from being the ‘free holiday’ that it is often popularly reported and the pitfalls and minefields are there for employers and professional advisors alike, as well as the individuals themselves.

UK Non-Domiciles – a Very Taxing Problem

The Revenue allow a deduction for wear and tear where the property is let with sufficient furniture and furnishings for normal residential use. A second hand bed and a sofa would near enough achieve that goal.

A Trip to Ikea? The withdrawal of the renewals basis and merits of furnishing a let property

Even while the matters were under discussion, HMRC’s computer automatically referred the disputed sum to external debt collectors.

Will automatic penalties be a thing of the past?

my hope is that we will see of move towards a future of greater certainty over employment status and a reducing of the gap between the tax cost of employment and self-employment.

Are you employed or self-employed? New OTS report on employment status

The Finance Act 2015 has made the use of a feeder company more difficult and has restricted the ability to extract profits out of development vehicles at a 10% rate of tax.

The Finance Act 2015 – the impact on property developers

the non-resident property owner who is not within Self-Assessment could face some serious problems later on down the line when they come to sell.

CGT for Non-Residents – to Value or not to Value

For properties purchased after April 2012, the value used is the purchase price. HMRC have stipulated that the values need to be reassessed every five years so 1 April 2017 will be the next applicable valuation date.

What are the changes to Annual Tax on Enveloped Dwellings (ATED)?

From 6 March 2015, HMRC’s late filing penalty regime extends to employers with fewer than 50 employees.

Penalties: RTI (Real Time Information) for PAYE

Time will tell whether the boost given to business of the reduced 18% corporation tax rate will be sufficient to pay for this

Overall, and in conclusion, it is fair to say that being a UK Non-Domiciled employee is far from being the ‘free holiday’ that it is often popularly reported and the pitfalls and minefields are there for employers and professional advisors alike, as well as the individuals themselves.

The Revenue allow a deduction for wear and tear where the property is let with sufficient furniture and furnishings for normal residential use. A second hand bed and a sofa would near enough achieve that goal.

Even while the matters were under discussion, HMRC’s computer automatically referred the disputed sum to external debt collectors.

my hope is that we will see of move towards a future of greater certainty over employment status and a reducing of the gap between the tax cost of employment and self-employment.

The Finance Act 2015 has made the use of a feeder company more difficult and has restricted the ability to extract profits out of development vehicles at a 10% rate of tax.

the non-resident property owner who is not within Self-Assessment could face some serious problems later on down the line when they come to sell.

For properties purchased after April 2012, the value used is the purchase price. HMRC have stipulated that the values need to be reassessed every five years so 1 April 2017 will be the next applicable valuation date.

there is a planned increase in the amount that can be donated under the Gift Aid Small Donations Scheme (GASDS).

From 6 March 2015, HMRC’s late filing penalty regime extends to employers with fewer than 50 employees.