News

If the draft legislation issued for consultation last year is enacted in the next Finance Act there will be important changes to private residence relief for disposals after 5 April 2020. Firstly, the exemption for the final period of ownership will be reduced from 18 months...

Another announcement to listen out for in the Spring Budget on March 11 is whether the Chancellor acts on the recommendations of the Office of Tax Simplification (OTS) regarding inheritance tax. As reported in an earlier newsletter, the OTS suggested simplifying inheritance tax on lifetime...

[caption id="attachment_473" align="alignright" width="210"] DPC Director Mike Reynolds[/caption] In June 2020 Mike Reynolds, a director of DPC, will be undertaking an extreme climbing challenge in aid of The Donna Louise. Mike is climbing the South West ridge of the "delagokante" or the Delago tower; one of the...

The independent loan charge review, conducted by Sir Amyas Morse, was published on 20 December, having been delayed due to the general election. The loan charge was introduced to collect tax from individuals who had benefited from schemes devised to avoid PAYE and national insurance....

In January the government launched a four-week review of the changes to IR35 “off-payroll” working rules scheduled to come into force in April, as the result of mounting criticism about the way they will operate. The review is scheduled to conclude by mid-February and will...

The December General Election meant that the Autumn Budget was delayed and we now know that Sajid Javed will deliver his first Budget on the second Wednesday in March which is when Budget day used to be! We are expecting that the tax measures in the...

We were delighted when we recieved this certificate from the team at The Donna Louise in Stoke-on-Trent. It recogonises the pride we take in Corporate Social Responsibility and the £77,477.13 that we have raised for the children's and young people's hospice over the last 10 years. We...

On 17 January DPC Accountants and Sage are hosting an open day at Summit Hospitality to help businesses get ready for Making Tax Digital (MTD) If you are a VAT registered business with turnover of more than £85,000, from April 2019, you will be required to...