14 May 2019
A trainee tax adviser from RSM’s Gatwick office is celebrating after being awarded a prize from the Worshipful Company of Tax Advisers after achieving the highest mark in her Trailblazer apprenticeship.
16 February 2019
On 29 October 2018 (Budget day) additional conditions were introduced which changed the way in which ER operates – the changes were designed to prevent abuse of the rules and restrict relief to those entrepreneurs who have a genuine economic stake in their business.Read more
03 December 2018
Changes to Entrepreneurs’ Relief have widespread implications and have created uncertainty for shareholders. Find out what these changes are, if you qualify and how we can help you.
29 October 2018
The Chancellor has confirmed that Entrepreneurs’ Relief (ER) will be retained at its current level of £10m of lifetime capital gains per individual, but he has made changes to ensure that it is targeted at longer term business investments and genuine entrepreneurs. He has also cracked down on what he has referred to as an “identified abuse” of the current rules.
23 November 2016
Increases to both the personal allowance and higher rate threshold have been reconfirmed that will generate tax savings for many families.
20 October 2016
Non-UK domiciled (non-dom) individuals continue to suffer political scrutiny on the tax treatment they receive, and the resultant tax they pay in the UK. But with a continually shifting landscape and imminent changes afoot, is tax for non-doms becoming too taxing?
10 August 2016
Tax reliefs and their use continue to come under scrutiny, and Principal Private Residence (PPR) relief from capital gains tax is currently in the firing line. A recent National Audit Office (NAO) report highlighted 'scope for wide-scale misuse' and called for more scrutiny, in respect of PPR in particular, due to the £18bn cost to the Exchequer each year. But what is PPR, has it gone wrong and, if so, how can we fix it?
19 April 2016
Much has been made in the press lately about ‘tax transparency’, triggering a rush of MPs to publish their tax returns for all to see. But how has this benefitted the public, and is there a wider issue here for HMRC to address?
08 March 2016
It’s one of the most valuable reliefs in the capital gains tax system, but could Budget 2016 be the moment that entrepreneurs relief is cut?