Accountancy implications for employers / individuals in the wake of COVID-19...
Hear from Stuart Crook of Wellers Accountants on the implications of COVID-19.
Accountants
Whitley Stimpson advises non-resident corporate landlords to be ready for upcoming...
Recent changes to the taxation of UK property held by non-UK residents have meant a fundamental reshuffle of tax planning in the lettings market. The changes include the taxation of rental income received by non-resident corporate landlords under corporation tax instead of income tax, with effect from 6 April 2020.
Government Support
The rapid disruption caused by the various social distancing measures has resulted in a liquidity shock to many businesses. Therefore, we would like to circulate what we have learned about the various financing and government support options expected to be available to date.
Whitley Stimpson expert welcomes new IR35 tax delay
A leading tax expert today welcomed the decision to delay complicated tax changes that will affect thousands of contractors in the private sector.
Advice on selling farm dwellings before capital gains tax rule change
Capital gains tax (CGT) rules on residential property are being tightened from April 2020, so farmers and landowners should consider completing any planned sales before this deadline, advises experts at Whitley Stimpson.
Download Wenn Townsends Budget Booklet
The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020. In his speech he stated ‘we are at the beginning of a new era in this country.
Budget Day 2020
This Budget bore very little resemblance to the traditionally expected Conservative Budget and focused on expenditure or public infrastructure projects in a bid to boost the economy.
Budget response from Wellers Accountants
£18 billion increase in general public spending, but tax measures were relatively few.
Budget 2020: preparing for coronavirus and investing in infrastructure
The chancellor planted a few seeds for Boris Johnson’s future plans for the UK economy, before investing heavily in the fiscal equivalent of stockpiling to see the UK through the impending coronavirus (COVID-19) storm.
Chapman Robinson & Moore – Budget 2020 Response
New Chancellor Rishi Sunak presented the Spring Budget on 11th March 2020. Of course, there was no Autumn Budget 2019 due to the general election, so this sees a return to a March Budget affecting the tax year starting 6th April.
Is a good business good for business?
There is much talk these days about responsible business, and the need for greater corporate responsibility, perhaps more talk than action in many instances.
Nowhere to hide: why HMRC’s Connect system means keeping your tax...
Recent reports have shown that HMRC’s sophisticated automated information system, Connect, is being used increasingly frequently to identify income and gains that have not been declared for tax purposes, and the amount of information that HMRC can access to check whether an individual or business is evading tax is growing all the time.
SME’s with legacy IT systems have been given a further year...
HM Revenue and Customs (HMRC) introduced the new Making Tax Digital (MTD) programme in April 2019.
Act now if you have not claimed your Marriage Tax Allowance,...
Experts at Whitley Stimpson are urging couples to act now to see if they could get a £900 tax rebate before it’s too late.
How to make your child a pension millionaire through stakeholder pension...
Parents and grandparents can create a substantial nest egg for their children, with minimal effort, by being clever with their tax planning. By starting a stakeholder pension fund for each of your children and paying in an amount each month, even though they are not taxpayers, there is considerable tax relief available.