The Chancellor of the Exchequer, George Osborne, has announced that the government will publish its next Budget on Wednesday 16 March 2016.
SME Tax News
The liquidators of former Rangers football club and the Murray group companies are to appeal against the recent decision of the Scottish Court of Session that found that EBT loans were actually remuneration.
Hello
This time we feature: Small Companies: What's New? Last chance tax reliefs and disclosure opportunities and our 2016 rolling tax planner, read on...
In Ardmore Construction and Andrew Perrin v HMRC [2015] UKUT 633 the Upper Tribunal (UT) confirmed that loan interest paid by UK residents had a UK source even though the loans were not governed by UK law.
All change for the AIA: the capital allowance rules change on 31 December 2015.
In Flix Innovations Ltd v HMRC [2015] TC04710, EIS relief was denied as a company's ordinary shares carried preferential rights on winding up.
Hello
This year, as generally happens, the chancellor chose to leave out the majority of the new tax measures that affect SMEs from his spoken Autumn Statement. The result was that like bargain hunters in a TK Maxx store we were all left rummaging around pages of unwanted material until we found things that interested us. We have gathered together our finds for you this week.