VAT – Post 31 January 2020
Even though the UK is leaving the EU on 31 January 2020, the transition period to 31 December 2020 means that there will be no VAT changes, in terms of paper work and process. From 1 January 2021 – the UK will have imports and exports of goods (to EU countries)...
The cost of HS2 could rise to £106bn
In 2015 the cost for HS2 was £56bn, but a leak from the still unpublished Oakervee report says that costs could increase by 20%. From the last estimated price for the project of between £81bn and £88bn to £106bn. This has prompted the Transport Secretary, Grant Shapps...
Key tax relief at risk in 2020 Budget
Business owners should be aware that Entrepreneurs’ Relief, a valuable tax relief when selling or liquidating a business, could be limited or even abolished altogether on 11 March. What is Entrepreneurs’ Relief? Entrepreneurs’ Relief applies a reduced capital gains...
