A tribunal decision that a laundry was a commercial building in an enterprise zone for the purpose of a claim to industrial buildings allowances may improve the chances of a successful loss rel
Measures to make access to pension savings more flexible are set out in the Taxation of Pensions Bill, due to have its second reading in the House of Commons next Wednesday, 29 October.
Politicians need to give “considerable and careful” thought to the implications of further devolution of tax powers to Scotland, a leading professional body has warned as a commission seeks agr
The recent case of Samantha Gibson v HMRC examined whether amounts paid under a maintenance grant could be subject to tax as benefits in kind where the taxpayer was employed by the ex-husbands comp
In a recent case concerning the tax treatment of termination payments, the taxpayer landed a rather unusual result because his taxable income was increased by £40,617 from that included on the orig
The three major UK political parties agree that corporation tax should not be devolved to Scotland to avoid the risk of a “race to the bottom”, the Financial Times reported this morning after t
A future Conservative government will increase the personal allowance to £12,500 and the higher rate threshold to £50,000 by 2020, David Cameron has announced.
A client's wife passed away about a year ago or so. Her will has set up her estate that any capital property belongs to her children, but the income from that property belongs to
In light of the recent “No” vote from Scotland it is worth looking at the devolved tax powers Scotland are due to receive under previous agreements.
The Scotland Act 2012
- Tax tables 2011-12 27,861 9
- Avoiding 50% tax: Cheap loans and EBTs 15,530 15
- Solar Panel - taxable or non-taxable 9,437 5
- Planning for the new tax year 7,653 5
- Directors bleeding companies dry with illegal dividends and loans 6,134 4