Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
05 April 2022
How changing land use could affect your tax positionIn the rural sector, the need to combat climate change has given rise to the potential for land owners and managers to receive income from new sources such as payments for carbon capture. This is potentially good news, but there could be some concerns from a tax perspective.
23 March 2022
Spring Statement 2022: Personal TaxesThe Spring Statement made positive announcements for some UK households who are facing an increased tax burden from 6 April 2022 due to the new 1.25% Health and Social Care Levy being applied via National Insurance.
17 January 2022
Passing on your property in a tax-efficient wayPassing on land and property assets without incurring tax continues to be a challenge, particularly for residential or commercial property. However, careful planning can ensure you are able to manage the succession of these in a tax efficient manner - Alex Docherty explains in more detail in this article.
01 December 2021
No change to Capital Gains Tax and Inheritance TaxThis week, the UK Government published its Command paper – ‘Tax Administration and Maintenance’, which builds on the Government’s 10-year tax administration strategy published back in July 2020. Alex Docherty, Tax Partner, takes you through everything that you need to know.
Senga Prior
Tax Senior Manager
07 October 2021
Annual Investment Allowance (AIA) changesAIA provides full tax relief on qualifying plant and machinery in an accounting period subject to limits set by legislation. Currently the AIA limit is £1m but, assuming there are no changes in the Budget on 27 October 2021, this is set to reduce to £200,000 from 1 January 2022.
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