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Hot Topics
VAT - adding to house builders' woes
Falling house prices and rising rental yields have tempted many developers to rent out unsold properties. While this can make good financial sense, it is important to recognise the VAT implications . . .
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Whats New?
Changes to Rules on Residence and Domicile
On 12 February 2008 HM Revenue and Customs issued further clarification relating to the Government's consultation on residence and domicile which closes on 28 February. The announcement aims to clarify 4 key aspects of the proposed legislation as follows:
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Press Releases
- 17-June-2008Employees who use own cars for business could be up to £1,000 worse off as HMRC fails to increase mileage rates
- 10-June-2008HMRC looking to tax employees for subsidised meals provided by employers
- 9-May-2008Stamp duty receipts slump by £1 billion as Government forecasts further decline
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Business News
- 23-July-2008Call to change method of retail rent payments
- 23-July-2008Energy efficiency measures could save SMEs ‘£1.3 billion’
- 22-July-2008Small business tax needs overall ‘reform’
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