Tax Relief

An eye opener on Wills – A few facts

New research by Royal London reveals that 5.4 million adults without a will do not know how to begin if they were to write one. 5.4 million adults without a will would not know where to begin if they were…
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Does the AIM market need a makeover?

Over the past nine years, the AIM market has shrunk by 41% – down from 1,694 companies at the end of 2007 to 993 now, according to research by UHY Hacker Young That includes a net loss of 61 companies…
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Employee shareholder status abolished following ‘abuse’

The only genuinely unexpected measure in yesterday’s Autumn Statement is the ending of favourable tax treatment of employee shareholders, a policy introduced in 2013. Employee shareholder status was originally intended as a way of allowing small companies to grow rapidly…
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The Autumn Statement: Tax Incentives

The government will publish its Autumn Statement on 23 November 2016. UK corporation tax rates are unlikely to decline to the 15% level proposed by George Osborne but, whatever one’s views on the recent referendum, Brexit may mean that the…
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Investors lose tax relief over innocent error

One can certainly sympathise with the appellant, X-Wind Power v HMRC, in a recent tax case. X-Wind Power were seeking to obtain clearance for seed enterprise investment relief which is aimed at start-up companies and comes with 50% tax relief…
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