The Budget and the fourth industrial revolution

The Chancellor laid the platform for a lot of news on the knowledge economy and supporting the so called ‘fourth industrial revolution’ but this didn’t really materialise. There were announcements in respect of funding of various funds that will be made available to...

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....