In last year’s Budget, the Chancellor announced the introduction of a new capital allowance for new commercial structures and buildings, known as the SBA.

In this month’s Tax News we take a look at draft guidance on how the allowance will apply to expenditure on new structures from 29 October 2018 onwards.

Changes to VAT on vouchers were introduced on 1 January 2019 for vouchers sold on or after that date.

In this month’s Tax News we take a look at the new rules which align the VAT treatment of vouchers with the rest of the EU prior to Brexit.

The Employment Allowance covers the first £3,000 pa of Employers National Insurance, and is currently available to all but the very smallest employers.

In this month’s Tax News we take a look at further restrictions announced in last month’s Budget that mean larger employers won’t qualify for the allowance after April 2020.