Beating the buy-to-let interest relief restriction by Robert Maas

With the first phase of George Osborne’s restriction of mortgage tax relief coming into effect in April, Robert Maas, Tax Consultant at London accountants, tax and business advisers CBW, gives guidance on how buy-to-let landlords can bypass the restriction. Many, if not most, accountants think that incorporation is rarely attractive. While this reduces the tax on the interest to 19%, …

Summer Sale- 50% off select Tax and Accounting titles

Below are the select Tax and Accounting titles that currently have 50% OFF! Stock is limited so get your order in quick. To place your order email laura.delve@bloomsbury.com Was: £75 Now: £37.50       Was: £75 Now: £37.50      Was: £75 Now: £37.50 Was: £75 Now: £37.50       Was: £75 Now: £37.50        Was: …

Making Tax Digital: Discussion and Disagreement on the Cost of MTD by Lee Sharpe

Background When evaluating the impact of MTD in its Initial Assessment, (Chapter 8 of the original consultation from August 2016), HMRC acknowledged: “At Autumn Statement 2015, the Chancellor announced a target for HMRC to reduce the costs to business of tax administration by £400m by the end of 2019/20.” It could be argued that, for many practitioners, the case for …

The potential implications for tax planning following the recent election results.

What Now? David Whiscombe, Tax Technical Partner at BKL, looks at the potential implications for tax planning following the recent election results. The negotiation of the support of the DUP adds some stability to Government but even so it seems unlikely that any minority Conservative government will last for the full term.  And there is a real possibility of the …

Our Accountex 2017 highlights

Accountex 2017 was our busiest show yet. We had a very positive couple of days and it was great to speak to some familiar faces and some new ones too. We were at stand 481 this year and were offering free demos of our tax and financial reporting online services, as well as selling copies of our tried and tested books, …