HMRC publishes Cryptoassets Manual
On 30th March, HMRC published a Cryptoassets Manual, stating that the aim of the manual is to help people understand the tax implications that can arise from transactions involving cryptoassets. It is written for HMRC staff but may also assist taxpayers and their professional advisers in understanding HMRC’s interpretation of the law.
Social Investment Tax Relief: summary of responses to the call for evidence
The government has today published a series of tax documents, consultations and consultation responses as part of ‘Tax Day’ 2021.
Budget 2021
Following today’s Budget, our note in respect of the venture capital tax reliefs (and certain other reliefs and measures regarding investment in business) can be found here
Business Secretary launches consultation for new UK subsidies system
Business Secretary, Kwasi Kwarteng, has today published a ministerial statement and launched an 8 week consultation on a proposed new subsidy control system following the UK’s departure from the EU.
EIS Association Awards – Best EIS/SEIS Tax Adviser 2020
Philip Hare & Associates were proud to receive the award for ‘Best EIS/SEIS Tax Adviser’ last night at the EIS Association’s Chairman’s Reception and Awards. It is the fourth year that the firm has won the award since the firm was founded in 2014. We’re delighted that our contribution to the industry and the small business community is recognised in this way.
Finance Bill 2020 – Royal Assent
Royal Assent of the Finance Bill 2020 was given on 22 July 2020.
The Future Fund: EIS and SEIS relief – Finance Bill 2020
The Government has tabled a further series of amendments to the Finance Bill 2020 ahead of its report stage this week.
EIS, SEIS and SITR Statistics: May 2020
HM Revenue & Customs have published the latest Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS) and Social Investment Tax Relief (SITR) statistics for period up to the 2018-19 tax year.