Mar 17, 2020 | Personal Tax
A minority of self-assessment taxpayers will no longer receive blank paper tax returns through the post. HMRC is to stop automatically sending out these blank copies in an attempt to get more taxpayers using the Revenue's online services. Last April, HMRC...
Mar 16, 2020 | Personal Tax
Changes to entrepreneurs' relief are being tipped to contribute towards a large rise in capital gains tax receipts over the coming years. The lifetime limit on qualifying disposals eligible for the lower 10% capital gains tax rate was reduced last week, from £10...
Mar 11, 2020 | Government AnnouncementsPersonal Tax
Tapered annual allowance threshold raised In 2020/21, the two thresholds at which the tapered annual allowance applies will both increase by £90,000. This applies to individuals with a threshold income of more than £200,000 and an adjusted income above £240,000. For...
Mar 11, 2020 | Business TaxPersonal Tax
Support announced for businesses affected by COVID-19 Jonathan Geldart, director-general of the Institute of Directors, said: "This was a box-office Budget. Given the circumstances, the Chancellor had to be bold, and he came through for business today. "With the...
Mar 11, 2020 | Business TaxPersonal Tax
Chancellor Rishi Sunak will deliver his Spring Budget speech this afternoon, just 27 days after succeeding Sajid Javid. It’s been a whirlwind month for the new Chancellor, who rewrote Javid’s speech before coronavirus forced another urgent rethink. Whether...
