Author Archives: Simon Newsham

Use it or lose it

For many in 2016 the return from the Easter break characterises one thing; the fast-approaching end of the tax year.  As in previous years, those who are in position to make the most of their annual ISA allowance but have … Continue reading

Posted in News | Tagged , , , | Leave a comment

Budgeting for tax

Announcements on sugar tax and disability benefits may have drawn the headlines, but there was certainly plenty in the March 2016 budget to make individuals and businesses reappraise their tax planning for the years ahead. For effective planning the ‘devil … Continue reading

Posted in News | Tagged , , , , | Leave a comment

Tax Simplification For Small Business

“Tax need not be taxing” so the saying goes but it can sometimes be difficult to cut through speculation, proposal and rumour and get to the heart of how tax should actually be calculated. This is particularly true around Budget … Continue reading

Posted in News | Tagged , , , , , | Leave a comment

Year End Tax Planning

Have you implemented any year end tax planning yet? With the end of the 2015/16 tax year fast approaching, there is still time to implement some tax planning, but you need to act quickly. Newshams Tax Advisers are experts at … Continue reading

Posted in News | Tagged , , | Leave a comment

RBS ‘enjoyed £1bn tax breaks after investing in Harry Potter’

RBS ‘enjoyed £1bn tax breaks after investing in Harry Potter’ RBS set up 25 companies to plough money into the movie industry, which are still making profits for the taxpayer-backed bank! http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/12160752/RBS-enjoyed-1bn-tax-breaks-after-investing-in-Harry-Potter.html    

Posted in News | Leave a comment

Scam HMRC Emails

HM Revenue and Customs (HMRC) has again warned about scam emails on its latest blog for tax agents tinyurl.com/jbc7w4x. HMRC reminds us that it does not matter what the subject concerns, whether it’s for tax credits, PAYE notices and/or any reminders regarding … Continue reading

Posted in News | Tagged , , | Leave a comment

Google Defends its £130m Tax Deal!

Google has defended its £130 million tax deal with HM Revenue & Customs in front of the Public Accounts Committee in the House of Commons reports Newshams Tax Advisers. This has been a long drawn out affair and clearly unwelcome press … Continue reading

Posted in News | Tagged , , | Leave a comment

Government Measures Could Backfire – CIOT Warns!

Politics.co.uk has reported on how the CIOT belives the Government’s rish could backfire in its article “Rush to draconian anti-abuse penalties may backfire, warn tax experts” The article can be found here: http://goo.gl/3Mu4pZ      

Posted in News | Tagged , , | Leave a comment

The UK Patent Box

The UK Patent Box What is the Patent Box? The Patent Box is a new preferential tax regime that came into force on 1st April 2013. It enables companies to apply a reduced corporation tax rate to worldwide profits earned … Continue reading

Posted in News | Tagged , , , | Leave a comment

International Consultants and Tax

International Consultants and Tax  As the world becomes a smaller place and with consultants in a variety of different sectors becoming increasingly mobile, Newshams Tax Solicitors in London are seeing a steady increase of instructions from international consultants. These are … Continue reading

Posted in News | Tagged , , , | Leave a comment