Pay Less Tax – Capital Gains Tax Special 2023
Our latest Pay Less Tax newsletter is out now
- Points make penalties – A look at the new penalty regulations and deadlines for filing returns
- 150% Land Remediation Relief – If you are a UK company which has acquired a major interest in a brownfield site which is contaminated or derelict and you incur expenditure in carrying out remediation work on that land/property, you may be entitled to tax relief of up to 150% of the expenditure incurred.
- A tip for a tip – For any business, where tips and/or service charges are involved, it is wise to ensure that there is a clear policy as to how it all operates and that processes are correctly followed so that tax and NI issues do not come to bite the business on the posterior later.
- Beware the festive cheer – If a business is paying for an annual event such as a Christmas do or summer barbecue, care must be taken to ensure that it does not accidentally trigger of a tax charge on the employees and a Class1A charge on the business.