Enterprise Management Incentives (EMI) made headlines in April 2018, after HMRC revealed problems in securing continued EU state aid approval. After a period of uncertainty, it was announced that EMI will continue, unchanged. New research highlights the importance of the EMI scheme.
Archives for 2019
The end of the EU Common Agricultural Policy in the UK is set to bring huge changes to the farming sector. Now is a great time to review your plans for the future of your agricultural business, and think about how you will achieve them. Here, we look at the tax advantages of partnerships and why the timing of big business decisions is so important.
When it comes to VAT, it is always important to get the classification right for the supply of goods or services. Crossing the boundaries separating standard and zero-rated items in food retailing can lead to problems. The outcome of a recent tribunal hinged on the question of whether takeaway food supplied by a business was ‘hot’ – or not.
Landfill Tax may not be a key concern for every business but it’s worth knowing that, since 1 April 2018, waste disposal at unauthorised sites may now be taxable.
According to a recent report from property experts, Savills, 75% of the UK’s housing wealth is now owned by the over 50s. Small wonder, then, that the yield from Inheritance Tax is rising. What can you do to minimise the impact of IHT on your estate?
Taxpayers can already use their online Business Tax Account for their dealings with HMRC but it is not currently essential. This is set to change with Making Tax Digital.
Do you have plans in place for coping with a severe disruption to your business? According to recent findings by the Federation of Small Businesses, most UK small firms are completely ‘unprepared’.
Recent changes to the rules on allowable costs have led to tougher times for buy-to-let landlords. But in business there are always opportunities… one option for buy-to-let investors could be to diversify into furnished holiday lettings (FHLs).