Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
11 March 2020
UK Budget 2020 - Innovation TaxesGoing into Budget 2020 I was expecting three things: an increase in the rate of the Research and Development Expenditure Credit (RDEC); more details on the proposed PAYE cap on the amount of the payable R&D tax credit; and potential broadening of the eligible cost categories to include cloud hosting and data costs.
11 March 2020
UK Budget 2020 - Personal TaxAmid all the public spending commitments announced by the Chancellor today, you could be forgiven for missing any personal tax announcements.
11 March 2020
UK Budget 2020 - Construction & Property IncentivesFrom a Capital Allowances perspective there have been no surprises.
11 March 2020
UK Budget 2020 - Entrepreneurs’ ReliefToday the Chancellor dealt a blow to Entrepreneurs’ Relief (ER). This relief has been under the spotlight for some time from various bodies and individuals calling for its abolition, including the ex-Head of HMRC.
11 March 2020
UK Budget 2020 - Entrepreneurial TaxesHaving woken up with a great concern around the future of popular tax reliefs beginning with the letter E – Entrepreneurs’ Relief (ER), Enterprise Management Incentives (EMI) and the Enterprise Investment Scheme (EIS), the Budget delivered change to ER with the reduction in the lifetime limit from £10m to £1m (as well as some targeted anti-avoidance), but looks to have left EMI and EIS broadly untouched.
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