Tag Archives: Simon Newsham

Balancing charity giving with bequests

One of the “surprises” of the 2011 Budget was the announcement that the Government intended to reward those who leave money to charity after their death. Effectively the Inheritance Tax Charitable Relief scheme allowed those leaving 10% of their estate … Continue reading

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

Calculating an Inheritance

The recent HMRC investigations into small business tax, including that of plumbers and restaurants, have received fairly wide publicity. However, according to accountancy firm UHY Hacker Young, there is another area which HMRC have been quietly spotlighting over the past … Continue reading

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

Hope for UK Commercial Property

The CB Richard Ellis monthly index of commercial property returns continues to bring hope of recovery within the sector. Overall the sector posted growth of 0.7% in May, capitalising on the 0.6% growth seen in April. Across the UK the … Continue reading

Posted in News, Stamp Duty Land Tax | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Government releases housing land

The Housing Minister, Grant Shapps, has today announced ambitious plans for Government and Council held land to be released for housing. With the aim of kick starting the house building industry and creating up to 25,000 jobs, the hope is … Continue reading

Posted in News, Stamp Duty Land Tax | Tagged , , , , , , , , , , , , , , | Leave a comment

Newshams congratulates the RIBA award winners

The Royal Institute of British Architects (RIBA) has announced the winners of the 2011 awards for architectural excellence. The 89 winners in the UK include a community hall in the Hebrides and a self build hideaway in the Lake District … Continue reading

Posted in News, Stamp Duty Land Tax | Tagged , , , , , , , , , , , , , , , , | Leave a comment

The Bribery Act 2010

Following a delay caused by the need for additional consultation and clarification, the Bribery Act 2010 has received Royal Assent and will come into force on 1 July 2011. This Act aims to modernise the law in relation to bribery … Continue reading

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

The CIOT comments on SDLT Budget proposals

Within the 2011 Budget, the chancellor, George Osborne, proposed various measures intended to tighten up on Stamp Duty Land Tax (SDLT) avoidance. These proposals form part of the Finance (No 3) Bill which is currently winding its way through Parliament. … Continue reading

Posted in News, Stamp Duty Land Tax | Tagged , , , , , , , , , , , , , , | Leave a comment

Contraction in construction

Whilst spring heralded signs of recovery in large swathes of the economy, the construction industry continues to buck the trend. Even admitting that the poor weather at the beginning of the year won’t have helped, construction statistics continue to give … Continue reading

Posted in News, Stamp Duty Land Tax | Tagged , , , , , , , , , , , | Leave a comment

The complexities of corporate transaction tax planning including SDLT implications

One of the mainstays of the Government’s recovery policy is the encouragement of small business and enterprise. Its success in this area is partially underlined by the number of new companies being registered at Companies House. In March 2011 alone … Continue reading

Posted in News, Stamp Duty Land Tax, Tax Savings | Tagged , , , , , , , , , , , , , , | Leave a comment

Stamp Duty Land Tax case won by taxpayer

The first Stamp Duty Land Tax (SDLT) case taken to the Tax Tribunal by HMRC has been won by the taxpayer. This victory is a vindication of the interpretation commonly applied to one aspect of SDLT regulations by experts although … Continue reading

Posted in News, Stamp Duty Land Tax | Tagged , , , , , , , , , | Leave a comment