In this update we have rounded up some of the recent tax changes which will affect the Property Sector. We will also be reporting on the specific Budget measures which will affect the sector as they are announced next week. If you would like to sign up to receive our Property Budget update please click... Read more »

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It is common practice for solicitors to request searches on behalf of their clients. The cost of the search is normally based on a scale of statutory charges which do not attract VAT and when solicitors pass this cost on to their clients they do so as a disbursement which is outside the scope of... Read more »

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Are you employing Apprentices or considering employing Apprentices? From April 2017, the Apprenticeship Levy affects all employers in the UK. The levy is chargeable at 0.5% of your annual pay bill (the amount on which you pay Class 1 secondary NICs). However, an annual levy allowance of £15,000 means that you will only be required... Read more »

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Whilst the recent positive economic results may have provided Philip Hammond’s first (and last) Spring Budget with an upbeat tone, questions over the UK’s global economic future outside of the EU meant that the Chancellor needed to stick with his reputation and maintain a steady path. To ensure we have enough “gas in the tank”... Read more »

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Tax on land disposals As the pressure to build new houses increases and councils are able to relax planning rules, the possibility of realising the development potential on long held land banks has grown. The tax payable on the realisation of these banks can be a complicated area with differences depending on what the land... Read more »

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In a move intended to stop what the government calls ‘off- payroll’ payments, schools and academies will be required to deduct tax and NICs on certain payments to personal service companies made from 6th April 2017. The payments affected will be for contracts that would have been employment contracts if they had not been arranged... Read more »

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In a move intended to stop what the government calls ‘off- payroll’ payments, Public Authorities will be required to deduct tax and NICs on certain payments to personal service companies made from 6th April 2017. A Public Authority is defined as an organisation that is subject to the Freedom of Information Act 2000 (2003 Scotland).... Read more »

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