Annual Investment Allowance ('AIA') has been temporarily increased from £200,000 to £1m per annum for a two year period between 1 January 2019 and 31 December 2020.
The Budget on 29th October did not have much of interest for farmers. However, there were a number of changes relating to the amount of tax relief available on capital expenditure.
How will the Budget 2018 impact manufacturing businesses? Here I look at Annual Investment Allowance, Structures and Buildings Allowance, Research and Development (R&D) Tax Relief and National Minimum Wage
Making Tax Digital (MTD) comes into effect on 1st April 2019 and will see an end to 'shoe box' accounting. A cloud accounting package can help ensure you are compliant.
HMRC aren't always right. Scott runs through three areas where you may need extra guidance: Personall Allowance, Enquiry procedures and penalities, and Directors' Tax Returns