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UNICEF UK welcomes government’s decision on charity tax relief
The Government has recently announced that it has dropped plans to limit tax relief on charitable giving. In the Budget in March, Chancellor George Osborne had set out plans that from April 2013 the...
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£500m tax relief for North Sea gas
Chancellor George Osborne has announced a new £500m tax relief to support gas investment in the UK Continental Shelf. A field allowance for large shallow-water gas fields will be established with the...
View ArticleThe Localism Act 2011
Official statistics show that more tax relief is being given to small shops and firms to help with their business rates bills. In addition, the Localism Act 2011 has made it easier for small firms and...
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Video games tax relief passes final hurdle
Generous tax reliefs for the UK video games sector have been given full approval by the European Commission. Chancellor George Osborne has welcomed the decision following an investigation into the...
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Video games companies to get tax relief
Video games companies across the UK will be able to begin claiming tax relief on their production costs, as the government’s cultural regulations come into force. With tax relief only available for...
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Higher rate of film tax relief has been given the go ahead
Britain is set to attract the production of more films like The Theory of Everything, Gravity and Avengers: Age of Ultron after the Chancellor of the Exchequer, George Osborne announced a new higher...
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Boost for small businesses as government launches R&D plan
In a major boost for pioneering small businesses, the Financial Secretary to the Treasury, David Gauke, on Wednesday 28 October launched a new plan outlining how government will make it easier for...
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Budget 2016: Chancellor’s announcements
The Chancellor has presented his Budget to Parliament – below is a summary of what was announced. 1. A surplus by 2019-20 - This year the deficit will have been cut by almost two thirds from its peak....
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Budget 2016: PwC comments on restrictions to tax relief for interest payments
The Chancellor of the Exchequer, George Osborne has laid out his 2016 budget announcement. Stella Amiss, an international tax partner at PwC has commented on Mr Osborne’s announcement expressing...
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