Tax voice - December 2017

This month’s tax voice features the latest tax charges for UK commercial properties, changes to R&D and indexation allowance.

Scottish tax gets progressive

15 December 2017

The Scottish government has announced new progressive tax reform north of the border, but who are the winners and losers?

HMRC contacts businesses regarding new corporate criminal offence

15 December 2017

New legislation introduced in the Criminal Finances Act 2017 makes it a criminal offence for incorporated bodies and partnerships (relevant bodies) to fail to prevent the criminal facilitation of tax evasion.

Changes to R&D and indexation allowance - the good and the bad

15 December 2017

Following the Chancellor’s Budget announcements, the proposed changes to R&D tax relief and indexation allowance are examples of measures considered likely to have a significant effect – one positive and one negative - on impacted companies.

All change for commercial property?

15 December 2017

The Treasury has issued a consultation paper introducing proposals for new tax charges for UK commercial property held through international structures. The proposals could have a significant financial impact on UK investment decisions, and could conceivably put a break on property development across the country.

Who is making your mind up?

15 December 2017

There are many ways of inducing people to make tax payments and complete returns. In the past HMRC relied mainly on fines and threats, but it also often now uses less aggressive tactics.