Private Residence Relief: Budget 2018 Chancellor Phillip Hammond announced in his Autumn Budget 2018 that from April 2020, the rules surrounding private residence relief will be tightened. Private Residence Relief (PRR) protects taxpayers from capital gains tax (CGT)...
Structures and Buildings Allowance: Budget 2018 For many years, although there have been capital allowances for plant and machinery that forms an integral part of buildings, there has been no tax relief for the costs of constructing most structures and buildings...
Lords call for a delay to Making Tax Digital for VAT until 2020 The House of Lords Economic Affairs Committee have issued a scathing report on HMRC’s Making Tax Digital (“MTD”) for VAT program. The committee have voiced disappointment that on many issues raised by...
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Private Residence Relief: Budget 2018 Chancellor Phillip Hammond announced in his Autumn Budget 2018 that from April 2020, the rules surrounding private residence relief will be tightened. Private Residence Relief (PRR) protects taxpayers from capital gains tax (CGT)...
Structures and Buildings Allowance: Budget 2018 For many years, although there have been capital allowances for plant and machinery that forms an integral part of buildings, there has been no tax relief for the costs of constructing most structures and buildings...
Lords call for a delay to Making Tax Digital for VAT until 2020 The House of Lords Economic Affairs Committee have issued a scathing report on HMRC’s Making Tax Digital (“MTD”) for VAT program. The committee have voiced disappointment that on many issues raised by...