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The Chancellor’s Budget

05 October 2021 - Chloe Wright

The Budget With influence over not only your taxes, pensions and investments but almost every aspect of daily life, The Chancellor’s Budget is one of the most eagerly anticipated events in the financial calendar. As strategies are unveiled to stimulate the economy and strengthen public finances, what will be the impact on your services, expenses...

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A delay to digital tax reporting for small businesses and the self-employed – and to basis period reform

24 September 2021 - Catherine Britton

Making Tax Digital (MTD) for Income Tax has been delayed for a year, alongside the proposed changes to the alignment of business taxation dates to the Treasury’s accounting year. Who will it affect? The delay will mean that over 4 million businesses, self-employed workers and landlords with incomes of more than £10,000 a year will...

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Property Developers: a new tax

13 October 2021 - Catherine Britton

Gavin Birchall, Tax Partner, looks at proposals for a new tax which, if implemented, will have major consequences for residential property developers

The Government is set to introduce a new tax on residential property developer companies. This adds to the plethora of taxes which already affects such developers such as Stamp Duty Land Tax, VAT and corporation tax. The new tax (Residential Property Developers Tax or “RPDT”) will be a corporation tax charge imposed on profits of...

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