A Government incentive introduced to encourage business investment has been extended for two years. Individuals who invest in new companies operating qualifying small businesses, may be able to benefit from capital gains tax (CGT) relief.
Business owners will be able to benefit from tax relief when they pay to help their employees return to work after sickness.
Small business owners should seek advice to see if they will be exempt from paying employers’ National Insurance Contributions (NIC) when new measures come into force.
The Chancellor began his speech today by reminding us of the tense economic situation in Europe, particularly in light of recent developments in Cyprus. As 40% of our exports are within European markets, it is important to keep this in mind.
Following the government’s recent release of the proposed route for HS2, Dains are advising affected landowners how to maximise potential compensation payments.
Following the announcement in the 2011 Budget that a new small donation scheme would be introduced in 2013, the Small Charitable Donations Act 2012 received royal assent in December 2012.
Dains corporate finance has advised on the sale of Langley Mill-based Amber Composites in a multi-million pound deal.
As many as 50,000 businesses that have failed to submit VAT returns will be targeted by HM Revenue and Customs (HMRC) this month with warnings that their tax affairs will be closely scrutinised.
Business owners should ensure their tax affairs are in order as HM Revenue and Customs (HMRC) increases its focus on smaller firms.