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February 9, 2021

Construction Sector – New VAT Rules 1st March 2021


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Notwithstanding COVID-19, the proposed new VAT rules affecting the construction sector are due to take effect from 1st March 2021. HMRC still plans to apply the new rules, which are

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January 28, 2021

Self Assessment and Coronavirus


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There has been intense speculation regarding HMRC’s attitude towards self-assessment filing, particularly with the background of the pandemic and how many individuals are going to be unable to meet the

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January 26, 2021

Recruitment impact of new immigration rules


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With the end of freedom of movement between the UK and EU from 1 January 2021, the UK has introduced an immigration system that will now treat all applicants equally.

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January 15, 2021

Supreme Court sides with small firms in business interruption insurance case


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The Supreme Court has delivered its judgment in respect of the Financial Conduct Authority (“FCA”) business interruption insurance test case, with the court’s ruling in the favour of small firms.

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January 12, 2021

Tariff free trade between the UK and EU


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As announced just before Christmas the UK and EU agreed a trade deal which heralded tariff free trade. The Trade and Cooperation Agreement (“TCA”) was agreed between the UK and

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January 4, 2021

Fraudsters don’t stop for Christmas


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Many people will be aware that fraud attempts online have escalated during the Covid period.  Fraudsters have used the fact that people are working from home and are not in

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December 2, 2020

Tax Investigation Insurance


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What Is Tax Investigation Insurance? Tax Investigation Insurance covers you against the cost of any professional fees that you incur as a result of being investigated by HMRC. Tax Investigations

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November 26, 2020

Changes afoot for Capital Gains Tax


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Over the last few months many of the national newspapers have run stories on anticipated changes to capital gains tax (“CGT”).  The most common predictions have been the alignment of

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November 16, 2020

Investing/Doing business in the US: Post-Election Perspectives


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As you might be aware, Barnes Roffe is a member of a worldwide association of accountants, tax advisors and lawyers spanning the globe.  The association is called International Practice Group

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October 27, 2020

Still considering an electric company car?


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There is currently a zero P11D benefit for the drivers of electric cars in 2020/21. The legislation for this change was included in Finance Act 2020 which also states that

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October 13, 2020

Self Assessment individuals to benefit from enhanced payment plans


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HMRC has increased the threshold for paying tax liabilities to £30,000 for Self Assessment individuals to help ease any potential financial burden they may be experiencing due to the coronavirus

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October 1, 2020

Capital Gains Tax (“CGT) planning opportunities in anticipation of increased rate of CGT


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The press has been rife recently with speculation that rates of taxation and in particular CGT are set to rise imminently to fund the costs of Government support for the

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