New Structures and Buildings Allowance

2 minutes to read A new Structures and Buildings Allowance (SBA) has become available from 29th October 2018 for businesses incurring qualifying costs on new, non-residential structures and buildings. We have examined the implications and benefits of this tax relief for UK businesses. First announced at Budget 2018 and introduced under the Finance Act 2019, the aim of the …

Compliance slip-ups for small businesses

3 minutes to read Policy changes have brought in a host of new compliance requirements for small businesses in recent months, and with further reforms on the horizon, now’s the time for businesses to review compliance across all areas of their operations. We have highlighted several potential pitfalls resulting from the recent changes and suggested areas for businesses to …

What you need to know about the new Structures and Buildings Allowance

2 minutes to read A new Structures and Buildings Allowance (SBA) has become available from 29th October 2018 for businesses incurring qualifying costs on new, non-residential structures and buildings. We have examined the implications and benefits of this tax relief for UK businesses. First announced at Budget 2018 and introduced under the Finance Act 2019, the aim of the SBA …

Investment Allowance temporary increase

2 minutes to read On 1st January 2019, the Annual Investment Allowance (AIA) was substantially increased from £200,000 to £1m for two years, until 31st December 2020. Read on for our suggestions on how businesses can plan ahead in order to reap the benefits of the temporary increase to the allowance. Annual Investment Allowance rocketed from £200,000 to £1m from …