Spring Budget 2020: Business

Entrepreneurs' relief Entrepreneurs' relief lives for another tax year after being under threat prior to the Spring Budget, but a key change will come in for 2020/21. The rules allow business owners of two years or more to pay capital gains tax at 10%, instead of 20%....

Fake HMRC emails still a problem

To help people avoid phishing scams, the tax authority has issued an updated list of genuine contacts you might receive from HMRC in the coming months. The period from April to May is a particular hotspot because that's when tax rebates are processed, making fake...

HMRC reveals tweak to off-payroll rules

Upcoming changes to the off-payroll working rules will only apply to payments made for services provided on or after 6 April 2020. A government report into the off-payroll rules extending to the private sector is due to be published before the end of February. Ahead...

Off-payroll review slammed as ‘inadequate’

A review into the extension of off-payroll working rules to the private sector in April has been described as "hasty and inadequate". The Government announced a review of the proposed changes earlier this week, promising to ensure a "smooth implementation" of the...