KRW Tax news
Entrepreneurs relief qualifying ownership period extended to 2 years
KRW Tax newsOctober 31, 2018|In KRW Tax news|By Keith WitchellFrom 6 April 2019, the minimum period that the conditions must be met to qualify for Entrepreneurs Relief will be extended from 12 months…
2% digital services tax on digital platforms arrives in April 2020
KRW Tax newsOctober 30, 2018|In KRW Tax news|By Keith WitchellIn a measure designed to reduce tax leakage where multinational companies operate online platforms and pay little or no tax in the UK, a…
1/3rd rates discount for high street retail properites from April 2019
KRW Tax newsOctober 19, 2018|In KRW Tax news|By Keith WitchellIn a bid to help independent retailers (shops, cafes etc) on our high streets, a one third business rates discount will be given on…
National living wage increased to £8.21 per hour from april 2019
KRW Tax newsOctober 18, 2018|In KRW Tax news|By Keith WitchellWhile not referred to in the speech itself, the Budget document confirmed that the National Living Wage for workers aged 25 and over is…
Annual investment allowance increased to £1m from January 2019
KRW Tax newsOctober 17, 2018|In KRW Tax news|By Keith WitchellThe Annual Investment Allowance allows businesses tax relief on 100% of qualifying expenditure on plant and equipment, and is currently…
IR35 reform to hit private sector in 2020, but small organisations exempt
KRW Tax newsOctober 16, 2018|In KRW Tax news|By Keith WitchellFollowing changes to the operation of the off-payroll working rules (aka IR35) in the public sector, The Chancellor announced that…
Personal allowance & higher rate threshold to rise from April 2019
KRW Tax newsOctober 16, 2018|In KRW Tax news|By Keith WitchellThe Chancellor confirmed that the government’s target of reaching a tax-free Personal Allowance of £12,500 and a higher rate tax…