Milsted Langdon Newswire
Released On 21st Dec 2022
Welcome to our newswire in which you will find a round up of the latest firm news and accounting ,business and tax developments.
In this edition, we look at the new VAT penalties being introduced in January, look at a recent bankruptcy case and what it may mean for those facing insolvency and look at what the personal tax freeze may mean for you.
We also consider the cuts to R&D tax relief, look at the steps you can take to prepare for the changes to Capital Gains Tax and finish with advice on Structured Bank Deposits.
If you would like any further information on these matters or any others in which we specialise, please contact us.
ARE YOU READY FOR THE CHANGES TO VAT PENALTIES?
HM Revenue & Customs (HMRC) will introduce a new points-based MTD penalty system, for VAT period starting on or after...
ADVANCE TO GO – AVOID BANKRUPTCY AND RECEIVER AND HEAD STRAIGHT FOR RECOVERY
The recent decision in Bacci v Green reminds us of a number of...
INCOME TAX THRESHOLDS FREEZE – WHAT IT MEANS FOR YOU
Millions of new taxpayers will be created by the extended freeze on the income tax thresholds. In the...
R&D RELIEF SLASHED – TIME TO PLAN
Chancellor Jeremy Hunt has announced a series of changes to the UK research and development (R&D) tax credit regime, including...
BE PREPARED FOR CHANGES TO CAPITAL GAINS TAX THRESHOLDS
The exemption for paying Capital Gains Tax (CGT) is changing. The CGT annual exemption will fall...
STRUCTURED BANK DEPOSITS – AN ALTERNATIVE OPTION IN VOLATILE TIMES?
Having seen the stock market experience significant volatility...
From everyone at Milsted Langdon, we wish you a Merry Christmas and a happy and prosperous New Year
We will be closed for Christmas after Friday 23rd December and open again on Tuesday 3rd January.
