31/Oct/2018Autumn Budget 2018 – Private Residence Relief
As a general rule, there is no Capital Gains Tax (CGT) on a property which has been used wholly as a main family residence. This relief from CGT is commonly known as Private
31/Oct/2018Autumn Budget 2018 – VAT registration and deregistration thresholds
The Chancellor confirmed in his Budget speech that the taxable turnover threshold that determines whether businesses should be registered for VAT, will be frozen at £85,000 for a
31/Oct/2018Autumn Budget 2018 – Air Passenger Duty
Air Passenger Duty (APD) is a departure tax levied on most air travel. Each geographical band has two rates of Air Passenger Duty, one for standard class and the second for ‘other’
31/Oct/2018Autumn Budget 2018 – Alcohol and Tobacco Duty
As part of the Budget measures the Chancellor announced that the duty rates on beers, spirits and most ciders will be frozen at the current rates. These measures mean that a bottle
31/Oct/2018Self assessment deadline reminder
HMRC has published a news release to remind taxpayers that there is now less than 100 days to file their 2017-18 tax return. Last year over 11 million taxpayers completed a 2016-17
29/Oct/2018Autumn Budget statement
Autumn Budget 2018
The Prime Minister announced at the Conservative Party conference that the end of austerity was in sight. Recent tax revenues have exceeded expectations, and
Makesworth Accountants Celebrating After Successfully Achieving Investors In People (IIP) Award
“Because Good People Make A Great Business.” – Investors In People Investors In People (IIP) is a leading people management standard developed in the UK with a benchmark setup for […]
25/Oct/2018Government grants towards home electric charging points
Over the last number of years, the government has announced a raft of measures to encourage the use of cleaner vehicles and drive the growth of the electric car sector. Some of
25/Oct/2018Small Business rate relief
Business rates are charged on most non-domestic premises, including most commercial properties such as shops, offices, pubs, warehouses and factories. Some properties are eligible
25/Oct/2018Repayment of student loans
Students that have finished their studies and entered the workforce, must begin to make loan repayments from the April after they have finished their studies or when their income
25/Oct/2018Enterprise Investment Scheme CGT exemption not available
The Enterprise Investment Scheme (EIS) is designed to help smaller higher-risk trading companies to raise finance by offering a range of tax reliefs, including Income Tax and
25/Oct/2018Seeking clearance from HMRC
Under certain circumstances, taxpayers can apply to HMRC for clearance or approval for a specific transaction. This can help give certainty about how a proposed transaction will be




150