23 August 2019
If UK-based organisations needed a spur to accelerate preparations for a no-deal Brexit, then the release of the Operation Yellowhammer dossier over the weekend may prove to be that moment. While time is short, it is not too late to take some practical steps to reduce any disruption arising from a no-deal, at least as it pertains to VAT.
22 August 2019
The UK tax system is as complex as ever before and the penalties for getting it wrong are at its most severe. Our range of ideas helps you navigate the tax landscape.
22 August 2019
He perhaps does not realise it, but Elon Musk could be one of the surprise beneficiaries of a no-deal Brexit. The leaked ‘Operation Yellowhammer’ report predicts that Government plans for 0 per cent import tariffs could lead to oil refinery closures, job losses, strikes and disruption to the availability of fuel. In contrast, substantial tax benefits are coming in from April 2020 for electric cars so could it be time for businesses and employees to consider putting in an order?
21 August 2019
This week's articles are 'Memo to the Chancellor: ten top tips to simplify the tax system', 'Prepare for the worst: VAT', 'Perfect storm for the construction sector: reverse the reverse charge!', and 'Is test-driving a Tesla part of your no-deal planning?'.
21 August 2019
It’s good to hear that the Chancellor of the Exchequer Sajid Javid is committed to low taxes and a simpler tax system. To get the ball rolling, RSM’s experienced tax advisers suggest changes which they know their clients would like the Chancellor to make.
15 August 2019
The UK tax system is delicately balanced, with more people than ever before either paying no tax or paying income tax at top rates. The Chancellor of the Exchequer may be tempted to introduce additional top rates of income tax in his budget. However, care will be required to avoid driving more high-earners out of the country.
14 August 2019
With the Prime Minister under attack for alleged blatant electioneering, we take a look at the total cost of the new policy measures which he has announced. These could be paid for through borrowing or tax increases. What might the tax increases look like?
13 August 2019
The week's articles are 'Will tax increases pay for Boris’ spending spree?', 'Tax extremes: numbers paying no tax or top-rate tax both increase', 'Document your gifting strategy while you can', and 'An end to the favourable tax treatment of partnerships?'.
Do you have questions about your employee share scheme or one you want to introduce? Fiona Bell, who leads our Employee Share Schemes team nationally, answers some of the most common questions.
08 August 2019
As of 1 April 2020, new rules regarding restrictions on capital losses are due to commence. Find out how you may be affected by the new legislation.
