Spring is here, which means only one thing… the start of a new tax year!
At the Budget 2017, we saw no major revelations, but the Chancellor did touch upon Making Tax Digital, new dividend rates and National Insurance changes, all of which we highlight in our updates on pages 4 and 5, along with many of the other announcements and when they will come into force.
For those in the property sector, you may find our Let Property Campaign article interesting. Over the last few years, HMRC has stepped up its scrutiny of landlords, sending letters to thousands of buy-to-let investors it suspects of bending the rules in order to pay less tax. Because of this, we have seen a marked increase in those submitting information to HMRC through the Let Property Campaign. More information can be found on page 7.
As always, we are pleased to welcome contributions this month from First Class Day Nursery Ltd, who took part in our ‘Planning for Success’ Case Study, Berns Brett, who provide guidance on D&O insurance and our very own Senior Tax Manager, Neill Staff, who has launched his new monthly blog, Tax from the Trenches.
We always welcome contributions. If you would like to contribute to our next edition, please get in touch.