Tax Voice - October 2015

Welcome to this month's edition of Tax Voice, a monthly round-up of the most important tax news.


Planning for a new piece of technology or cloud system?

07 October 2015

An investment in a new enterprise resource planning (ERP) system is a major decision. Unfortunately tax is all too often a neglected consideration…

Capital allowance changes – don’t miss out!

07 October 2015

Changes in the capital allowances rules could lead to commercial property owners, whether buying or selling, losing this valuable tax relief forever if they fail to act.

SME or not SME that is the R&D question!

07 October 2015

HMRC reports shows R&D claims are on the increase, but beware of traps that may prevent you from claiming the highest relief.

Anson and double tax relief

07 October 2015

When a UK individual or company invests outside the UK, there are many overseas entity types that can be used to ‘hold’ the investment and the investor’s UK tax position will depend on how the UK rules treat the overseas investment entity for tax purposes.

OECD delivers game changing tax measures

07 October 2015

On Monday 5 October 2015 the final package of measures of the OECD’s Base Erosion and Profit Shifting (BEPS) project were delivered. What impact will this have on large multinationals, and is there is a danger that smaller business with international operations could end up being easy targets?

Simplification to succession planning for families

07 October 2015

Simplifications to EU succession law could result in changes to the way assets owned in some EU jurisdictions pass on to your family.

HMRC gathers pace in plan to abolish tax returns

07 October 2015

In March 2015 the Chancellor announced that tax returns would be abolished. Some might be thinking about how this will be achieved, as they go through the sometimes painful annual process of gathering information to send to their adviser to complete their return in time for the deadline.