tax

Find out the latest goings-on at TTR Barnes by browsing our news posts:

Autumn Statement 2023 23rd November 2023

On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were significant statements relating to National […]

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CGT separation laws

2023 Changes to Capital Gains Tax during Separation 28th September 2023

As of 6th April 2023, spouses and civil partners going through a separation process may now benefit from new Capital Gains Tax rules that allow more time to transfer assets without incurring potential tax liabilities. This article breaks down the […]

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pension allowance changes

Changes to Pensions Allowances in 2023 27th July 2023

From 6th April 2023 a number of key changes to pension allowances have applied. Relevant to all those using a recognised private pension scheme, these revisions have opened up new opportunities for tax relief through the use of pension contributions. […]

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Changes to R&D Tax Credit Claims from August 2023 23rd June 2023

The R&D Tax Relief Scheme is a valuable tax relief for those eligible businesses investing in new product development or innovation.  From 1st August 2023 you will need to submit claims digitally and provide Additional Information to HMRC using a […]

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Mitigating Changes to Corporation Tax Rates and Dividend Allowance 2023/2024 31st May 2023

With changes to both the rate of Corporation Tax as well as the Dividend Allowance 2023/2024, many Companies and Directors will be looking to reassess the efficiency of previous tax strategies. In our article we explain the changes, how they […]

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ENSURE YOU MEET YOUR 2023/24 OBLIGATIONS FOR ANNUAL TAX ON ENVELOPED DWELLINGS (ATED) 26th April 2023

ENSURE YOU MEET YOUR 2023/24 OBLIGATIONS FOR ANNUAL TAX ON ENVELOPED DWELLINGS (ATED) If your company or partnership holds an interest in a residential property believed to be valued close to or over £500,000 as of the valuation date of […]

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Spring Budget:  Changes to Capital Allowances 16th March 2023

Spring Budget:  Changes to Capital Allowances In the recent Spring Budget announcement by Chancellor Jeremy Hunt, we saw the introduction of two major capital allowances for qualifying UK  businesses from 1st April 2023.  This was alongside the announcement of changes […]

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Reduction in Capital Gains Tax Annual Allowance from April 2023: Plan now for best efficiency 6th March 2023

From April 2023 we will see the implementation of the proposed reduction in Capital Gains Tax Allowance. Any taxpayer seeking to dispose of their assets will need to consider the impact of the reduced allowance on consequent tax liabilities. Initially […]

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UK Tax Deadlines and Key Dates: What You Need to Know 14th February 2023

As a self-employed individual or a sole trader in the UK, it is your responsibility to meet the deadlines for submitting your self-assessment tax returns. Filing your self-assessment tax return and paying any liabilities due on time and accurately is […]

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Limited Company Tax Deadlines: What You Need to Know 14th February 2023

Any limited company in the UK has a responsibility to meet various tax deadlines, including submitting a Corporation Tax return and paying any liabilities due.  From April 2023 the rate of Corporation Tax will increase to 25% for companies with […]

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