One of the first post-Brexit tax changes was announced yesterday. The corporation tax rate is coming down to 15%. Let’s not be blinkered here, this is a clear attempt to keep big companies in the UK…
A large part of our work is dealing with tax enquiries, and often a client will first come to us because they have a tax enquiry they need help with.
HMRC will not look to tax the gift. Simple and straight forward you might think, but there is a subtle planning point you might want to look out for.
It was stated over the weekend that the leave campaigners had no plan to invoke after they won the referendum, and I think that is right because it is the government that needs to give us the plan going forward.
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