133 posts categorised "Tax"

15 April 2014

UK Tech Awards 2014: celebrating a thriving tech sector

The tech sector in the UK is clearly performing well at the moment and while there is talk of another bubble, away from the headlines there are many really innovative companies emerging across the UK. These awards are a great opportunity for us to celebrate the achievements of the sector....

09 April 2014

We're looking for GREAT business stories

We’re supporting the UK government’s GREAT campaign by sponsoring three ‘Festivals of Creativity’, celebrating GREAT businesses and their creativity. We’re looking for creative business stories to take to the first festival in Istanbul. GREAT is the UK government’s ambitious international marketing campaign aiming to deliver significant and long-term increases in...

24 March 2014

Budget 2014: our reactions

Watch our webcast for a summary of key outcomes Kevin Nicholson, UK Head of Tax, leads a discussion with a panel of specialists on the key outcomes of the Chancellor's Budget, their impact on individuals and companies and some of the broader issues affecting the economy and UK business. To...

Budget 2014: key outcomes for employers and employees

The Chancellor has delivered the 2014 Budget. The focus understandably was on supporting the recovery with a big emphasis on encouraging saving and making pensions more attractive. There were also some announcements around employee and expatriate tax, as well as other reward issues. 1. Pensions: Significant changes announced to pensions...

Budget 2014: key outcomes for business

Annual investment allowance (AIA) - The AIA will be increased to £500,000 for all qualifying investment in plant and machinery from 1 April 2014 (corporate tax) / 6 April 2014 (income tax). The period of the allowance has been extended to 31 December 2015. Bank levy and Code of Practice...

Budget 2014: key outcomes for individuals

We look at some of the key announcements from the Chancellor’s 2014 Budget and the impact on individuals. Capital gains tax on UK residential property held by non-residents - From April 2015, following consultation, a capital gains tax charge will be introduced on future gains made by non-residents disposing of...

21 March 2014

myFinancePartner: Working as your business partner

Helping you to meet your goals ... Are you an ambitious small/medium sized business? Are you looking for pro-active business advisory support? Do you want better management information to support your key business decisions? If the answer to any of these questions is yes, then myFinance Partner may be the...

19 March 2014

The Budget 2014 data in detail: UK tax datacard 2014/15

A quick reference guide to UK tax rates and allowances for individuals, companies and other taxpayers following announcements in Budget 2014. This data was prepared on Budget day 19 March 2014. It's a brief overview for temporary reference and general guidance on matters of interest only, and doesn't constitute professional...

Budget 2014: PwC comments on manufacturing

In light of manufacturing announcements made in the 2014 Budget, David Martin, manufacturing expert at PwC in the Midlands, commented: "The Budget announcement has been good news for manufacturers. The roll back on green taxes and exemption from carbon costs will go a long way to helping businesses become more...

Budget 2014: Turning words into miles. How far did George get?

We look at how far you would get by car, driving from Westminster for the duration of the Chancellors' Budget speeches through the years.

Budget 2014: PwC comments on business rate boost for the high street

Simon Tivey, business rates expert at PwC in the Midlands, said: “The £1,000 rate relief for retailers that has been continued into next year is a real boost for small shops and will be well-received. This amounts to a £750 million injection into the high street. “This taken together with...

Budget 2014: PwC comments on property taxes

Jonathan Haigh, head of real estate at PwC in the Midlands, said: "The Government has announced the extension of the mansion tax to homes over £500,000 bought through a corporate envelope. "The Chancellor is now using last year's punitive stamp tax on homes bought in 'wrappers' to deter overseas investors...

Budget 2014: Stuart Wallace comments on measures to tackle tax avoidance

Most of the budget measures on avoidance were expected. The most significant is confirmation that the 'Accelerated Payments' provision will become law in 2014, with the Chancellor indicating this will bring in £4bn over five years. The measure will apply to those who engage in The Disclosure of Tax Avoidance...

Budget 2014 Comment: Positive news for private businesses in the Midlands wishing to expand

The Chancellor’s Budget brought good news for private business in the Midlands who are seeking to fuel growth through investment and exports. Chris Romans, partner and private business leader at PwC in the Midlands, comments: “Private businesses have told us time and time again they are focused on growth over...

The UK Budget - did you know

Some interesting facts about the UK Budget, before the Chancellor starts his speech: The word ‘budget’ comes from the old French word ‘bougette’ meaning little bag, but is also a sixteenth century term for a secret ‘to open one’s budget’ When delivering his Budget, the Chancellor is allowed to drink...

17 March 2014

Budget 2014 Prediction Comment: Energy efficiency

Jayne Harold, environmental tax adviser at PwC in the Midlands, comments on what energy efficiency announcements may come in the Chancellor’s Budget on Wednesday 19th March: “Anything that can be done to simplify or join up the myriad policies on energy efficiency to better incentivise consumer behaviour on energy consumption...

Budget 2014 Prediction Comment: Personal Tax

Chris Romans, partner and private business leader at PwC in the Midlands, comments: “If we see a big Budget giveaway, the most likely option is an increase in the income tax personal allowance. The threshold is due to reach £10,000 in 2014/15 but Nick Clegg wants to make it £10,500...

Budget 2014 Prediction Comment: Tax avoidance and HMRC resources

Stuart Wallace, tax partner at PwC in the Midlands, comments: “We think it likely that the Chancellor to use the Budget to introduce to see some pretty significant measures to help HMRC tackle tax avoidance schemes, prevent new ones being developed, and deal with the backlog of cases under investigation....

11 March 2014

Defined contribution pensions: Getting more from managing your risks

In this webcast, HRS Partner, David Wignall is joined by defined contribution pensions (DC) specialists Sean Beattie, Richard Smith and Aimée Walker. They discuss the significant cost of DC schemes to your business and the new and growing risks that you as an employer or trustee have to manage. They...

10 March 2014

Budget 2014 - Keep up to date

What can we expect when the Chancellor of the Exchequer stands up to deliver his fifth (and penultimate) Budget of this Parliament on 19 March? Since his first (emergency) Budget in June 2010 he's been following a relatively consistent plan so is there anything left to say? Undoubtedly there will...