investors relief

The ‘Investors Relief’ has been introduced to encourage passive investors to invest in trading businesses

In the Budget 2016 a new relief was introduced, Investors Relief (IR) to encourage passive investors to invest in trading businesses. The investor subscribes for qualifying shares and when these shares are disposed of the gain in value of the shares attracts a preferential 10% rate of Capital Gains Tax (CGT) up to a lifetime limit of £10 million.

Advisory fuel rates for company cars

Advisory fuel rates for company cars 2016

New company car advisory fuel rates have been published which took effect from 1 June 2016. The guidance states: ‘You can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car. The advisory fuel rates for journeys undertaken on or…

voom

#VOOM 2016 is back!

If you have a business idea that you really want taking off the ground, now’s your chance! VOOM 2016 is a platform whereby you get the chance to pitch your idea to Richard Branson and the chance to win £1m in prizes as well as a trip to Necker Island and mentoring at 10 Downing…

2016 Budget Newsletter

2016 Budget Summary

The 2016 budget was a tumultuous event for Chancellor George Osbourne. Our 2016 Budget Guide is a roundup of the implications of some of the measures announced, some of the changes taking effect from 6th April and some areas where we can help you to save tax! Download our guide which includes details on: Personal Tax Allowances Personal…