What do you expect from an accountant?

The Coalition's "Programme for Government" sets out its plans to reform the tax system. As was widely anticipated it included an overhaul of the Capital Gains Tax regime.

It is proposed that Capital Gains will be taxed at rates ‘somewhere near or close to those applied to income’. Exactly how the mechanics...

Possibly the most used word in the budget, after increase, was consultation. The Government plans to enter into consultation on a whole raft of tax legislation:

• There will be a full review of Corporation Tax in the autumn. The consultation process will look at the needs of small businesses and aim to provide legislation that...

As part of the 2009 budget, and somewhat out of the public gaze, the chancellor announced that he will be repealing the Furnished Holiday Let rules from April 2010.

For a property which met the letting conditions, furnished holiday lets have benefitted from a number of reliefs not normally available to the owners of let property. For...