The new regime for corporation tax losses

Happy New Tax Year to everyone! We start the first tax bite of 2018/19 on a positive note, with a look…

Read more

The new improved Substantial Shareholdings Exemption

The Substantial Shareholdings Exemption (‘SSE’) was introduced in 2002 as part of the government’s drive to make the UK a better…

Read more

Consider ten year tax spreading when accounting treatment changes

The issue For periods commencing on or after 1 January 2015 UK medium and large companies were not permitted to prepare…

Read more

Capital allowances on websites

The issue Website costs can be significant and are often capitalised in a company’s accounts. Traditionally HMRC has viewed such capital…

Read more

Time running out for disincorporation relief

The issue Some people have mentioned that time is running out for applying disincorporation relief, and they are right.  However, if…

Read more

Company trading losses can be offset against goodwill gains

The issue Trading losses can only be carried forward against profits of the same trade. This means that brought forward losses…

Read more

Remember that some intangibles still get amortisation tax relief

The issue It was quite a surprise when amortisation relief was stopped for all purchased goodwill from 8 July 2015 (which…

Read more

Corporation tax deductions for pensions are not restricted to limits

The issue A limited company is able to make larger pension contributions than the director’s contribution allowance of £40K per year….

Read more

Buyers beware of an old stamp duty trap

Consider the substantial increase in the stamp duty payable between these two similar situations. On 5 May 2016, Large Company Plc…

Read more

UK rejects EU plans combatting multinational tax avoidance

Currently it seems likely that Britain will not ‘play ball’ in introducing common anti-avoidance tax rules with the rest of Europe….

Read more


Sign up for our newsletter

Interested in receiving the latest tax planning ideas?

Sign up to Tax Bites – our weekly update offering practical but effective tax saving tips.

Contact Us

You can use this form to request us to give you a call or if you prefer just leave us a message. Please be sure to leave us a contact number or email address for you and we will get back to you as soon as we can.

0161 927 9277


Fairbank House
31 Ashley Road
WA14 2DP