Nichola's SME tax W-update 2 November 2018

Last Updated: 30 August 2023

Hello

As you know we had the Budget earlier in the week. Some announcements have immediate effect and these include changes to Entrepreneurs' Relief. These are all listed in our Budget Summary.

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Budget 2018: Summary for Individuals & Business

Last Updated: 30 August 2023

The chancellor increased personal tax allowances for individuals and increased the Annual Investment Allowance however he also restricted the scope of several valuable tax reliefs, including Capital Gains tax (CGT) Entrepreneurs' Relief and Private Residence Relief  and R & D as well as introducing the off-payroll working rules to medium and large companies in the private sector.

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Budget 2018: Live Highlights

Last Updated: 30 August 2023

The chancellor, Philip Hammond presented his 2018 Budget on 29 October 2018. These are highlights of his live speech. Personal allowances cut from 2019. Restrictions to CGT Entrepreneurs' Relief, Private Residence Relief, R & D relief. Annual Investment allowance increased.

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Nichola's SME Tax w-update 26 October 2018

Last Updated: 30 August 2023

Hello

It's the Budget next week, so I won't ramble on too much as you probably have more than enough emails about tax.

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Nichola's SME Tax W-update 19 October 2018

Last Updated: 11 October 2024

Hello

HMRC have provided details of the new timetable for Making VAT Digital (MVD), we have new Employer Bulletin and another Agent Update, plus much more.

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Making VAT Digital: New Timetable

Last Updated: 01 September 2022

 Timetable for Making Tax Digital for VAT: Making VAT Digital 'MVD'.

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  1. Nichola's SME Tax W-update 12 October 2018
  2. Nichola's SME tax W-update 5 October 2018
  3. Nichola's SME Tax w-update 28 September 2018
  4. Nichola's SME tax w-update 21 Sept 2018
  5. Parliament call for evidence: Making VAT Digital and HMRC powers:

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