A Guide to the Companies House Reforms
Prepare Your Business for the Companies House Reforms
Withdrawal of tax relief for EU and EEA charities and Community Amateur Sports Clubs
From 15 March 2023, income tax relief is being withdrawn on donations made to EU or EEA charities and Community Amateur Sports Clubs (CASCs). This will mean that income tax relief will no longer be available to claim against taxable income on tax returns from this...
Taxation of holiday accommodation
As part of their diversification plans, farms might consider providing camping or glamping facilities and the provision of holiday accommodation in existing buildings and cottages, but have you also considered the taxation of holiday accommodation? Unless a...
Farm Diversification
Many farming businesses continue to face uncertainty. Diversification allows a farm to produce alternative sources of income, potentially reducing the risk on a specific sector. The range of activities for diversification continues to increase with the sector opening...
HMRC issuing nudge letters for Business Asset Disposal Relief (BADR) claims
HMRC are sending nudge letters to Business Asset Disposal Relief (BADR) claimants, who have made a claim within their 2021-22 Tax Returns. HMRC believe these claimants may have exceeded their lifetime allowance. Previously known as Entrepreneur’s Relief, BADR is an...