National Minimum Wage
The government has confirmed the new National Minimum Wage rates, effective April 2020; (more…)
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Entrepreneurs Relief – the end of the line?
Originally introduced in 2008 by then Chancellor Alistair Darling, Entrepreneurs Relief allows for a reduced rate of Capital Gains Tax – 10% – to be paid on the sales of certain business assets. One of the most frequent uses of Entrepreneurs Relief is on the sale of shareholdings in trading companies.
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Tax Investigation Protection Service
Burgess Hodgson offer a facility to take out insurance with Croner Taxwise, the market leader in the specialist field for Tax Protection Insurance. This was introduced in response to clients’ concerns and the change in HM Revenue & Customs’ approach which was to concentrate their energies into investigations to ensure compliance. This increased the number of cases being reviewed.
If your Tax affairs were investigated, we can help you at every step of the process. There would be substantial accountancy costs involved but these would be covered by the insurance policy offered so you would not be chargeable.
If you have any queries about this policy, please contact your usual Burgess Hodgson contact or email info@burgesshodgson.co.uk
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