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Business rates cut ahead of Budget

Business rates cut ahead of Budget

  Extra business rate reliefs for pubs, music venues, cinemas and offices occupied by local newspapers were announced by the Treasury on 27 January In the Queen’s speech at the opening of Parliament on 19 December, she hinted that changes were going to be made to business rates. The government published further details on 27 January for […]

IR35: Scope of off-payroll rules chan...

IR35: Scope of off-payroll rules changed from April 2020

  Only payments for services delivered from 6 April 2020 will be subject to the off-payroll rules in the private sector, which is a switch from the rules applying to payments made, irrespective of when the services were performed. HMRC made this sensible announcement on 7 February 2020. Now engagers and contractors can make a […]

New associate joins the team at LHP

New associate joins the team at LHP

  We are pleased to announce that we have an associate joining the team in our Haverfordwest office. Lisa Oliver joins us from an accountancy firm in Gloucestershire, where she has worked for the last 13 years in the Farms and Estates team. She grew up on a family farm in Leicestershire and graduated from […]

Confusion over CGT exemption for new ...

Confusion over CGT exemption for new homes

  Two first tier tribunal (FTT) cases show how a concession to provide purchasers with CGT relief for their new home has been applied differently, depending on how HMRC plays the tribunal rules. Under concession ESC D49 HMRC permits purchasers of homes, who can’t immediately move into the property, to treat the first period of ownership as […]

HMRC updates internal guidelines in m...

HMRC updates internal guidelines in midst of IR35 review

  While the IR35-acjacent CEST tool has received a direct update, HMRC’s manual shows a number of prospective CEST questions, designed to determine tax status. HMRC’s internal manual has been updated to include roughly 70 questions on employment status. The guide was updated on 17 January, adding questions on worker engagement, contract details, payment arrangements, […]


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