Category: Tax

Year End Tax Planning Guide 2017/18

January 2018

Our national Tax team have worked together to create a 2017/18 Year End Tax Planning Guide. Our year end guide summarises some key tax and financial planning tips which should be considered prior to the end of the tax year on...

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Baker Tilly International Launch Their First Mobile Tax App – Tax Mapp

December 2017

New Tax App for Android and IOS Our international network, Baker Tilly International has developed a new mobile application that brings the latest tax insights and gives you access to comprehensive tax guides, from your smart phone and mobile devices. ‘Tax Mapp’ gives...

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How to Complete Your Self-Assessment Tax Return Online

December 2017

For self-employed people, company directors and those receiving other sources of income, it’s the time of the year to send your self-assessment tax return. Self-assessment is the process used by HMRC to collect tax from individuals who may own a...

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R&D Tax Credits Up, but too Many Businesses Fail to Claim!

November 2017

Research and development (R&D) tax specialist Tom Byng, from our member firm MHA MacIntyre Hudson, sheds some light on what the Budget 2017 means for companies investing in R&D. R&D tax relief provides cash savings, either in the form of reductions in tax...

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Finance Bill 2017-19

October 2017

The government has published Finance Bill 2017-19, containing a number of changes that will affect both savers and investors. Many of the measures in the Bill were expected in April 2017 but were withdrawn due to the snap general election,...

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Research and Development

September 2017

Companies are more aware of research and development (R&D) tax reliefs than they were a few years ago, however there are still a lot of companies not claiming the relief that they could be eligible for, and of those that are...

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Do all Company Directors have to file tax returns?

August 2017

The stubborn insistence by HMRC that all company directors must file a Self Assessment tax return has been a point of discussion in practices for many years. It is mandatory for a company director to file a tax return with...

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HMRC Delays Making Tax Digital

July 2017

HMRC has announced a deferral to the launch of Making Tax Digital (MTD) following concerns raised by the accountancy profession, businesses and parliamentary bodies. The recommendation to postpone the implementation of MTD to 2019/2020 was originally proposed by the Treasury...

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Inheritance Tax

July 2017

What is Inheritance Tax? Inheritance Tax (IHT) may be payable on an individual’s estate on death or on certain gifts made during their lifetime. IHT is payable on chargeable transfers of value made by a person during their lifetime or on...

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Capital Gains Tax – The 10 Percenters

June 2017

We constantly advise people who are completely sure that they will automatically be rewarded with a big pay off as a result of selling their company one day. They are also entirely sure that they will only suffer tax at 10% on...

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