Transitional Simplified Procedures (TSP) will be extended in light of the decision to delay Brexit, a report has revealed.
UK goods exports grew at the “second fastest rate” of the top five major economies between 2017 and 2018, a new report has revealed.
With spring around the corner, perhaps it’s time to consider changing your payroll provider.
As many of you may already be aware, Macalvins has appointed Tariq Charles Anthony Husain who joins us as our new Chief Executive Officer. Tariq, who will focus on developing our firm’s corporate and international services, has spent two decades working in the City in international outsourced business services, capital markets and private client services. … Read more
Thinking ahead when it comes to retirement planning is vital for anyone who wants to enjoy a financially comfortable life in their later years and pass on their legacy to the next generation in a tax-efficient and sensible way. At a time when life expectancy is on the rise and healthcare is forever evolving, many … Read more
Hundreds of businesses across the UK enjoy tax relief totalling millions of pounds thanks to the Government’s generous R&D relief scheme. Last year nearly 40,000 claims were made for Research and Development (R&D) tax credits in the UK, almost double the amount made in the previous year. Businesses both large and small benefited from £3.5 … Read more
Where does the time go? You think you have plenty of time to deal with your financial affairs and, before you know it, it’s the end of the tax year. So, if you want to make the most of opportunities to reduce your tax bill, you need to act before the 5 April deadline. You … Read more
New research suggests that the UK’s SMEs could benefit to the tune of as much as £57 billion over the next five years because of digital productivity improvements associated with HM Revenue & Customs’ (HMRC) Making Tax Digital (MTD) initiative. The report by research firm, Volterra Partners, anticipates a ‘digital snowball’ effect from the launch … Read more
Self-employed business owners and individuals who choose to dispose of anything that might be considered an ‘appreciating asset’ – such as commercial premises or a buy-to-let property – need to be aware of the complex rules governing Capital Gains Tax (CGT) in the UK. CGT is a tax paid on the gain made when an … Read more
On any other day, the Chancellor’s Spring Statement would have dominated the headlines. However, with the UK’s scheduled withdrawal from the EU just days away, and the Prime Minister’s latest Brexit deal voted down by the Commons just hours earlier, this seemed more like a sideshow than the main event. The little speculation there was … Read more