SME Tax News

Budget 2018: the chancellor has announced changes to the VAT specific supplies anti-avoidance, to counteract VAT avoidance in the insurance sector.

Budget 2018: the chancellor announced changes to 'Interest provisions for late payment, repayment and penalties', to ensure that they apply as intended across various taxes.

Budget 2018: the chancellor has announced that a new market value rule will apply in policy document 'Stamp Duty, Stamp Duty Reserve Tax transfers of listed securities and connected parties'.

Budget 2018: the chancellor has announced that from 6 April 2020, non-UK resident companies that carry on a UK property business, or have other UK property income, will be charged to Corporation Tax.

Budget 2018: the chancellor announced new measures in Preventing the abuse of Research & Development Relief by SMEs.

Budget 2018: the chancellor has announced that the government will introduce a new Structures and Buildings Allowance (SBA) for new non-residential structures and buildings.

Budget 2018: the chancellor has announced changes to the higher rates of Stamp Duty Land Tax for additional dwellings clarifying a major interest and extending the deadline for submitting amended returns.

Budget 2018: the chancellor has announced two different changes to the definition of a personal company for Entrepreneurs Relief. 

Budget 2018: the chancellor has announced that the public sector off-payroll working rules will apply to the medium and large businesses in the private sector from April 2020.