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Latest updates, advice & developments from Rosetta Tax
In the lead-up to the 2026 Budget, the Government announced five “everyday fixes”, among them the removal of import tariffs on products such as baked beans, chocolate and, yes, gherkins. So is today’s package of measures a necessary staple, a sweet treat, or are we in fact all in a pickle?
Read MoreThe surcharge rate of stamp duty land tax for purchases of additional residential properties has been much in the news recently.
Read MoreIt could have been a lot worse …
Many advisers have spent the last few weeks racing to complete company share sales to ensure that sellers can take advantage of low CGT rates, especially in light of a fear that Business Asset Disposal Relief would be curtailed. For their clients, the Budget brought mixed
Read MoreIn light of current and recent events, we are seeing an increase in clients asking about how business owners can achieve an exit while benefitting from the current, relatively low, CGT rates.
Read MoreWith the suggested cut in stamp duty land tax rates not making an appearance, today’s Autumn Statement did not include many headline announcements focused on the real estate sector.
Read MoreIn the Autumn Statement, the Chancellor announced rate reductions and other changes to national insurance contributions.
Read More“The beatings will continue until morale improves!”
In September, the Government headed by Liz Truss announced the biggest package of tax cuts in living memory. Conservative MPs loved it, but the markets did not agree.
Read MoreNo news is good news - or is it?
Today’s Budget saw the shortest list of major tax policy announcements in many years. The emphasis was all on how much cash Rishi could splash. But behind the largesse (and the eye-catching alcohol duties re-jig – fruit-based cider, anyone?), tax rises previously announced are taking effect.
Read MoreTax rises for all, particularly business.
Along with the “R rate”, “furlough” and “lockdown”, a new term may well come to be associated with the Covid-19 pandemic and the Government’s response to it: “fiscal drag”: the practice of raising tax receipts by freezing allowances and relying on inflation to drag taxpayers into higher tax brackets.
Read MoreThe government has announced a huge raft of measures in an unprecedented attempt to support the economy in the face of the devastation caused by Covid-19. A full list of all government measures to support business are detailed in this article.
Read MoreIn these difficult times we wanted to assure all our clients that Rosetta Tax is open for business as usual. Our business continuity plan allows our team of tax lawyers to be able to provide our business tax, VAT and SDLT advice without interruption.
Read MoreChancellor Rishi Sunak faced a huge challenge in today’s Budget. As well as delivering his first Budget Speech only four weeks after being appointed Chancellor, he needed to support the economy in the face of the threat of Covid-19, invest heavily in regions away from London, and prepare for the end of the Brexit transition period.
Read MoreAlthough there were no huge surprises, Chancellor Rishi Sunak’s first Budget contained much of interest for the real estate sector. We summarise the main points in this article.
Read More
