Budget 2020

The new Chancellor of the Exchequer, Rishi Sunak delivered his first Budget on 11th March, announcing the Government's tax and spending plans for the year ahead. Our unrivalled team of tax experts have created in-depth commentary and practical guidance covering all the latest tax changes from the 2020 Budget, helping you understand what the announcement means for you and your clients.
Latest Budget Guidance
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2 Jun 2020

This guidance note considers a number of issues that may be relevant to businesses which move goods between the UK and the EU when preparing for the...

Corporation_tax_img2
13 Mar 2020

Assets bought on hire purchase (HP)If an asset (eg a machine) is acquired via an HP agreement, the company will simply pay for the asset over a period...

VAT_tax_img
13 Mar 2020

This guidance note provides an overview of the VAT treatment of supplies of printed matter. VBOOKS1000; HMRC Notice 701/10 ; HMRC Notice 700/24 ;...

VAT_tax_img5
13 Mar 2020

This guidance note provides an overview of the types of goods and services which can be zero-rated for VAT purposes. It also discusses a number of...

Personal_tax_img8
13 Mar 2020

Universal credit is a non-taxable benefit that is administered by the Department of Work and Pensions and is available throughout the UK. It is...

Personal_tax_img3
13 Mar 2020

A time to pay arrangement is a negotiated agreement between HMRC and the taxpayer to allow for tax to be paid after its due date.The guidance in this...

OMB_tax_img2
13 Mar 2020

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

Employment_tax_img6
13 Mar 2020

The Government has treated public sector bodies which engage workers via an intermediary as responsible for assessing employment status and,...

Corporation_tax_img2
13 Mar 2020

These examples support the commentary in the FRS 102 ― specific deferred tax issues guidance note.Example 1 ― voluntary revaluation of property, plant...

Corporation_tax_img7
13 Mar 2020

On the disposal of the shares in a company, a seller may receive loan stock in the acquiring company as consideration or part consideration for the...

Latest Budget Guidance

Category:

VAT_tax_img6
Value Added Tax

This guidance note considers a number of issues that may be relevant to businesses which move goods between the UK and the EU when preparing for the end of the Brexit...

Corporation_tax_img2
Corporation Tax

Assets bought on hire purchase (HP)If an asset (eg a machine) is acquired via an HP agreement, the company will simply pay for the asset over a period of time, normally...

VAT_tax_img
Value Added Tax

This guidance note provides an overview of the VAT treatment of supplies of printed matter. VBOOKS1000; HMRC Notice 701/10 ; HMRC Notice 700/24 ; De Voil Indirect...

VAT_tax_img5
Value Added Tax

This guidance note provides an overview of the types of goods and services which can be zero-rated for VAT purposes. It also discusses a number of practical points of...

Personal_tax_img8
Personal Tax

Universal credit is a non-taxable benefit that is administered by the Department of Work and Pensions and is available throughout the UK. It is available to individuals...

Personal_tax_img3
Personal Tax

A time to pay arrangement is a negotiated agreement between HMRC and the taxpayer to allow for tax to be paid after its due date.The guidance in this note applies to...

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...

Employment_tax_img6
Employment Tax

The Government has treated public sector bodies which engage workers via an intermediary as responsible for assessing employment status and, consequently, for PAYE to be...

Corporation_tax_img2
Corporation Tax

These examples support the commentary in the FRS 102 ― specific deferred tax issues guidance note.Example 1 ― voluntary revaluation of property, plant and equipmentA...

Corporation_tax_img7
Corporation Tax

On the disposal of the shares in a company, a seller may receive loan stock in the acquiring company as consideration or part consideration for the sale. For tax...