Good news for livery stables

Tax payers would have been happy to read the decision of the First-tier Tribunal (FTT) which held that business property relief (BPR) was available on the late Mrs Vigne’s livery business. BPR has the effect of exempting a business from the charge to inheritance tax....

Age of confusion?

Emergency Budget Whoever succeeds in winning the upcoming election, one of the first things they are likely to do is to hold an ‘emergency Budget’. How, though, does this fit into a year when we already have two of the wretched things planned – one just past on 8...

Trump Tax Reform

For many people in the UK, what President Trump does with US taxes is of very little interest, but many of my clients care a great deal about the US tax system. In addition to having studied US taxes on and off for several years, I have taken a keen interest in what...

No change to R&D rates after all

I’m not sure that I was ‘excited’ about a possible increase in R&D tax relief rates this afternoon; however, as someone who spends a lot of time talking about R&D tax credits, I was interested to see what might happen with them following the...