BRave Business and The Tax Factor

This week Rob Goodley and Ele Theochari look at a High Income Child Benefit charge case where the use of Chat GPT caused some confusion, but does it mean that more people will rely on AI in their submissions, possibly causing mayhem?

They also discuss how a spreadsheet rounding error to two decimal places led to a shareholder not meeting the threshold for Business Asset disposal relief and how BlackRock has lost an appeal relating to UK tax it sought to reclaim on its...

In this week’s episode, Rehanna Earle and Melissa Thomas look at the latest IR35 case involving Scottish footballer Neil McCann and his employment with SKY, the future of Body Shop after entering administration and seeking a CVA to reduce the company’s tax bill when it returns to profitability, and the impact of the new HMRC VAT penalty points system.

They then look at the lure of Italy as a remote working destination.

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This week, Heather and Roger are talking about Labour’s proposals to clamp down on “tax dodgers”, what they’re planning to do about non-doms, the impact the plans are already having, and the tax shock that some pensioners might now be facing.

But most importantly, they talk about marshmallows.

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In this episode we take a look at the UK’s Research & Development Tax regime: what is it, how does it work and how and why is it changing? What does all that mean for entrepreneurial businesses and how can they improve their chances of qualifying for this essential relief?

Joining Declan in the studio to debate all of this is Blick Rothenberg’s R&D Manager Chris Heath.

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Accountants are lucky people getting two ‘New Years’ to celebrate: the real one and the tax one.

This week on the Tax Factor, Nimesh Shah and Heather Self are looking back at the 23/24 tax year, what’s coming up for 24/25, and they also share their new tax year resolutions.

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This week CEO Nimesh Shah is joined by Corporate Tax Partner Neil Insull as they look at the monthly tax stats, particularly the Government's major increase in tax receipts this year. Revisiting the Spring Budget, they question if the changes to Multiple Dwellings Relief were really thought through, and Neil takes a look at the first manifesto ahead of the General Election from The Reform Party, who have some interesting ideas.

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This week Matt Crawford and Ele Theochari look at a recent High Income Child Benefit charge win for the taxpayer, the effect of a crackdown in the R&D tax industry, and changes to minimum wage and sick pay.

They also talk about HMRC announcing it was to close its phonelines on the 19 March only to change its mind less than 24 hours later.

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This week Rob Goodley and Rehanna Earle look at the fallout from the Spring Budget and wonder if the Government really wants to make the non-dom changes or just leave a bit of a mess for a new Government to fix.

HMRC have launched a consultation to attempt to clamp down on rogue tax advisors, whilst it's been announced that the Government Gateway website is being replaced (but it’s going to be three years until we see it)...

There’s only one topic of conversation in this week’s Tax Factor: The Budget.

Nimesh and Heather discuss all things property, Non-Doms and Child benefit.

Is all the evidence pointing to an Autumn election?

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This week Heather Self, Melissa Thomas and Nimesh Shah look ahead to the Budget, discussing electric cars, fuel duty and proposals to remove VAT on loo roll.

Heather also has a grumble about the High-Income Child Benefit charge and trying to guess when Rishi Sunak might call an election (and whether he’ll go off to California afterwards)

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