Patent Box Tax Relief
The Patent Box is a government led scheme which allows companies to reduce corporation tax profits by applying an effective 10% rate on trading profits attributable to certain intellectual property rights. The recent increase in corporation tax rates to 25% could...Cryptoassets get a mention on the tax return
HMRC wants to raise awareness of the fact that cryptoasset transactions can mean tax bills – and thereʼs clearly some way to go.
Trade and customs: latest news
Brexit has meant constant change for customs rules. What else is around the corner? New government plans The recently published Border Target Operating Model sets out changes that impact not just trade with the EU, but the rest of the world as well. Though details are...Cars, vans and benefits in kind
If itʼs a car you provide to your employee, the taxable benefit is higher. If itʼs a van, the taxable benefit is lower. But what if itʼs a multipurpose vehicle? Or modified for use in your business?
Who needs to know about full expensing?
Unveiled in the Spring Budget, itʼs the highlight of what the government calls its new ʻcapital allowances offerʼ. But what is full expensing? And will it benefit your business?
