Category: Business Tax

Key business tax reliefs remain

Business owners had some relatively good news from the Chancellor Phillip Hammond MP, in the Autumn Budget statement as Entrepreneur’s Relief and the Annual Investment Allowance remained intact and for the self employed and small business owners themselves will benefit from income tax threshold rises.

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IR35 tax threat still an issue

Small businesses are said to be immune – at the moment – from the implications for employers and employees of the Government decision to roll out off payroll working IR35 rules to the private sector following their application in the public sector.

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Tax Updates