Business News

HMRC delays reverse charge for the construction industry by 12 months

Posted on 11 Sep, 2019

The Government has announced a 12-month delay to the implementation of the VAT domestic reverse charge for construction services, meaning the new rules will now not come in to force until 1 October 2020. Following

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OTS proposes significant changes to Inheritance Tax following official review

Posted on 16 Jul, 2019

The Office of Tax Simplification (OTS) has outlined 11 key changes to Inheritance Tax (IHT) that seek to improve and simplify the current tax regime – including cutting the gift-giving rule from seven to five

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Economists warn of a 10-year shortfall in savers’ pensions

Posted on 16 Jul, 2019

Economists at the World Economic Forum (WEF) have issued a warning to British pension holders that they could run out of money a decade before they die. The latest report from the WEF suggests that

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SMEs unaware of £1 million annual investment allowance

Posted on 16 Jul, 2019

A new study has found that more than half (58 per cent) of SMEs are not aware of a temporary two-year increase in the annual investment allowance (AIA), which could help them secure an immediate

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Global expansion locally: Paris. New York. Taunton

Posted on 16 Jul, 2019

Since the beginning of the year Milsted Langdon’s Corporate Finance team has seen a significant increase in overseas buyers entering the local market and seeking to acquire quality companies in the region. In January 2019 our Corporate

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Celebrating our new Bath office move

Posted on 16 Jul, 2019

Our Bath office recently held a champagne and canape reception, inviting the local business community to celebrate our move to a new location on Queen Street. Located just around the corner from our old office,

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Roger Isaacs makes finals of British Accountancy Awards

Posted on 16 Jul, 2019

Our Forensic Partner, Roger Isaacs, has been named as a finalist at the 2019 British Accountancy Awards. Judges at this year’s prestigious national awards have selected Roger for the Partner of the Year shortlist based

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The taxing nature of property: Does it still pay to be a landlord?

Posted on 17 Jun, 2019

By Carl Powell, Tax Partner The benefits of being a landlord are about to change quite significantly again and landlords may face much higher tax bills when it comes to selling their properties. In addition

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Revenue tests new trigger to increase the accuracy of PAYE codes

Posted on 17 Jun, 2019

HM Revenue & Customs (HMRC) is trialling a new trigger, which is intended to improve the accuracy of employees’ PAYE tax codes. According to HMRC, as many as half a million tax codes being used

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Significant lack of awareness around gifting rules for IHT

Posted on 17 Jun, 2019

A new report published by the National Centre for Social Research (NatCen) and the Institute for Fiscal Studies (IFS) has revealed a worrying lack of awareness about the Inheritance Tax (IHT) benefits of making a

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