Recent LB News

14 Aug 2018

BLOG: Changes to taxation for non-doms

The default position for UK residents is that they are taxed on their worldwide income and gains as they arise, however individuals who are not domiciled in the UK have the option to make a claim to be taxed on a remittance basis.

01 Aug 2018

BLOG: Company Indexation Allowance post 31 December 2017

As announced in the Autumn budget 2017, capital gains indexation is to be removed for companies from 1 January 2018.

24 Jul 2018

BLOG: Reasons to outsource your payroll

Paying employees correctly and on time is essential for any business. As your workforce grows, payroll becomes an ever more demanding and important undertaking in the day-to-day running of your company and, without the time and software needed to keep up to date, it can become a difficult task to stay on top of. With this in mind, here are our top reasons to consider outsourcing your payroll.

18 Jul 2018

Taxpayer victory important for holiday let providers

Our tax team are notifying clients of an important and unexpected win against HMRC in a case concerning Business Property Relief (BPR) on furnished holiday accommodation.

13 Jul 2018

Creative industry tax reliefs

Organisations including charities, CIC’s and limited companies involved in certain creative industries can receive up to 20 pence in the pound spent on eligible production costs from HMRC.

12 Jul 2018

What is a Director’s Loan?

For those running a limited company, understanding the various pieces of legislation relevant to them can be difficult – however director’s loans are a piece of tax legislation that it’s important to comprehend.