Principal Private Residence relief (PPR) – ‘bolt-on’ periods to be radically reduced

Comments 0 by in Liz Hooley, News, News/Events, UK blog
18/02/2019

PPR relief has been a highly valuable tax relief against the gains arising on the sale of a property that is or has been an individual’s only or main residence. The relief is essentially a time apportioned relief for periods of occupation of the property as a home, with a number of bolt-on periods where…

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Probate fees hike will go ahead after all

Comments 0 by in Liz Hooley, News, News/Events, UK blog
18/02/2019

Clients will be aware that the Government had plans to significantly increase probate fees back in 2016, but these were dropped ahead of the 2017 snap general election. However, despite considerable opposition, the proposal reared its head again, and was confirmed in November 2018, with the Government arguing that significant rises to probate fees were…

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Making Tax Digital and Cloud accounting

Comments 0 by in News/Events, UK blog
01/11/2018

Websters have been at the forefront of Cloud accounting from the launch of our Professional Online Accounting Service “WebsterAccounts” in 2003. Our online team is currently headed by Gary Eves and we are delighted that Karina Arrowsmith has joined us to strengthen our team dealing with regular Management Accounting and bookkeeping. The deadline for Making…

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IR35 Update and potential issues

Comments 0 by in News/Events, Richard Ling, UK blog
31/10/2018

Background recap IR35 came into force in April 2000 and applies when individuals provide their services through an intermediary to a client. If these services had not been supplied by the intermediary (usually the client’s limited company) they would have been considered employment services and therefore the rules come into effect. In most cases the…

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