SME Tax News

A summary of key points from the chancellor's Budget speech.

The government is proposing a new Tax-free Childcare scheme worth up to £1,200 per child. However, it will be of no benefit to the small army of work-at-home parents who juggle work and childcare themselves.

In this web-update we feature a cautionary tale of clogged CGT losses and have one of our Adviser Essentials covering...losses.

The mooted "Mansion tax" is not to be confused with the new Annual Residential Property Tax (ARPT). Read this and then complete our 2 second Poll on the right.

This time we have a Capital Taxes Adviser update which contains topical tips for CGT private residence relief and elections together with links to our corresponding tax guides and notes.

As a result of the major change by HMRC to the PAYE system from April 2013, known as Real Time Information (RTI), the main tax and accounting bodies have issued updated guidance on letters of engagement for tax practitioners.