Business tax

Advisory fuel rates update

New advisory fuel rates for usage of company cars are in place.

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SMEs spend 15 days a year on tax compliance

Most are not aware of available tax reliefs.

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Startup numbers fall after IR35 clampdown

Business formation drops by over 23,000 in 2017.

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Most firms call for apprenticeship levy replacement

Existing levy does little to encourage training, research shows.

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1 in 5 landlords intend to sell up

Tax changes force landlords to consider reducing property portfolio.

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Government begins process to reverse ‘staircase tax’

‘Unfair rates hike’ will be removed to benefit businesses.

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R&D expenditure credit to increase in new year

RDEC tax relief rises from 11% to 12% on 1 January 2018.

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Advisory fuel rates update

New advisory fuel rates for usage of company cars are in place.

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Disincorporation relief to end in March 2018

The chancellor decided not to renew the relief in Autumn Budget 2017.

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Simplified VAT system outlined

Business group welcomes report as ‘long overdue’.

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