HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MOREEntrepreneurs’ relief limit cut to £1m
The Chancellor Rishi Sunak will not abolish the hugely controversial entrepreneurs’ relief but will slash the lifetime limit with special provisions for disposals agreed before 11 March but not completed.
The current annual £10m lifetime allowance will be reduced to £1m. This will apply to qualifying disposals made on or after 11 March 2020 and to certain disposals made before 11 March 2020.
Read more at the Accountancy Daily.
Previous
National living wage to reach £10.50 an hour by 2024
Next
Chancellor unveils business friendly budget, strong emphasis on coronavirus
A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
READ MORE
With bitcoin hitting new highs, it’ll likely reach the US$100,000...
Cryptocurrencies are surging again. Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing...
READ MORE