Owner-Managed Businesses Guidance

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Owner-Managed Businesses

This section tackles the myriad of tax issues faced by entrepreneurs and their businesses. It provides in-depth practical material to help you deal with compliance effectively and efficiently, whilst identifying areas of potential risk and ensuring all available relief are claimed.
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Latest Guidance
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3 Jun 2020

The purpose of employer compliance checksThe purpose of an employer compliance check is to satisfy HMRC that all earnings and benefits have been...

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1 Jun 2020

The enterprise investment scheme (EIS) encourages individuals to invest money in shares issued by qualifying unquoted companies with a permanent...

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1 Jun 2020

A franchise is the grant of a licence to carry on a ‘copycat’ business by a business (the ‘franchisor’) to a purchaser (the ‘franchisee’). The...

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15 Apr 2020

IntroductionIncreased penalties are levied where a failure to notify, failure to file a return or an inaccuracy within a return involves an offshore...

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15 Apr 2020

Increased penalties can be levied where a failure to notify, failure to file a return or an inaccuracy within a return involves an ‘offshore matter’...

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15 Apr 2020

The Finance Bill 2020 was published on 19 March 2020, consisting of 105 clauses and 14 schedules, running to 176 pages. The Bill includes a number of...

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15 Apr 2020

The escalation of the coronavirus (COVID-19) outbreak and the global response of all governments to the crisis has caused significant turbulence in...

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15 Apr 2020

INTRODUCTIONAs today’s Budget speech was the first for about 17 months, we could have been forgiven for forgetting what Budget Day was like. We don’t...

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14 Apr 2020

EU Directive 2018/822 of 25 May 2018 (DAC 6) requires Member States to enact rules obliging ‘intermediaries’ (as defined), and...

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13 Mar 2020

Summary of capital allowances on carsThe current capital allowance rates applicable to cars are as follows:Pool typeDescription of...

Latest Guidance
OMB_tax_img8
Owner-Managed Businesses

The purpose of employer compliance checksThe purpose of an employer compliance check is to satisfy HMRC that all earnings and benefits have been identified and reported...

OMB_tax_img7
Owner-Managed Businesses

The enterprise investment scheme (EIS) encourages individuals to invest money in shares issued by qualifying unquoted companies with a permanent establishment in the UK.A...

OMB_tax_img8
Owner-Managed Businesses

A franchise is the grant of a licence to carry on a ‘copycat’ business by a business (the ‘franchisor’) to a purchaser (the ‘franchisee’). The franchisee would, for...

OMB_tax_img2
Owner-Managed Businesses

IntroductionIncreased penalties are levied where a failure to notify, failure to file a return or an inaccuracy within a return involves an offshore matter or an offshore...

OMB_tax_img9
Owner-Managed Businesses

Increased penalties can be levied where a failure to notify, failure to file a return or an inaccuracy within a return involves an ‘offshore matter’ or ‘offshore...

OMB_tax_img2
Owner-Managed Businesses

The Finance Bill 2020 was published on 19 March 2020, consisting of 105 clauses and 14 schedules, running to 176 pages. The Bill includes a number of measures for which...

OMB_tax_img9
Owner-Managed Businesses

The escalation of the coronavirus (COVID-19) outbreak and the global response of all governments to the crisis has caused significant turbulence in recent days. Travel...

OMB_tax_img3
Owner-Managed Businesses

INTRODUCTIONAs today’s Budget speech was the first for about 17 months, we could have been forgiven for forgetting what Budget Day was like. We don’t recall tubs being...

OMB_tax_img7
Owner-Managed Businesses

EU Directive 2018/822 of 25 May 2018 (DAC 6) requires Member States to enact rules obliging ‘intermediaries’ (as defined), and in some cases...

OMB_tax_img2
Owner-Managed Businesses

Summary of capital allowances on carsThe current capital allowance rates applicable to cars are as follows:Pool typeDescription of carRateLegislationMain rate poolNew and...