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Tax news update

November 2018

• There was wide-ranging speculation in the run up to this year’s Budget, with experts predicting that, whilst Brexit and ending austerity would...
• In a bid to make apprenticeship schemes more accessible, the Treasury has raised the amount of the apprentice levy that larger companies can transfer...
• The High Income Child Benefit Charge (HICBC) is a tax charge which applies where the 'adjusted net income' of a taxpayer or their partner is...
• The introduction of the new trading and property allowances for 2017/18 onwards mean that those with low levels of income from these sources may not...
• Under HMRC's new Making Tax Digital (MTD) regime, which kicks in for VAT-registered businesses with a taxable turnover in excess of £85,000...
• Q. Are there any advantages to registering voluntarily for VAT even if my taxable turnover is less than the registration threshold?...
• 2 - Last day for car change notifications in the quarter to 5 October - Use P46 Car...