Monthly Archives: September 2017

20 09, 2017

Tax: Nom-Dom status changes – Finance Bill 2017

By |2019-04-25T15:25:12+00:00September 20th, 2017|Business planning, Tax, Trusted Adviser|

After the extraordinary results of the General Election earlier in the year and the publication of not one but two Finance Bills thereafter, the legislation affecting the taxation of non-UK domiciled individuals came into effect.  Although there were calls for these rules to be delayed, the publication of the second Finance Bill confirmed that the Government’s project to reform the tax rules for non-UK domiciled individuals ("non-doms") were implemented on 6th April [...]

6 09, 2017

Tax: which expenses are you allowed to deduct?

By |2019-04-25T15:28:17+00:00September 6th, 2017|Business planning, Sole trader, Start-ups, Tax|

Claiming tax deductible expense, we know, is a minefield.  We all aware of recent publicity around MPs being embroiled in controversial expenses claims, and this has prompted many small and medium sized businesses to consider what can – or cannot – be claimed. A considerable amount of legislation exists around defining tax deductible expenses, and the rules are constantly being reviewed and clarified, hence the need by many businesses to [...]