When it comes to R&D Tax Relief, software development is one area which has historically been challenging for both companies and advisers. Identifying whether a project qualified for relief could be difficult. Whilst it is easy sometimes to overlook “the other side of the fence”, these types of claims also 
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Crypto asset tax : The New HMRC Guidance Update… In December 2018, HMRC released their long-awaited policy paper on the appropriate tax treatment of cryptoassets. This being HMRC’s second paper on this, the first being published in 2014. The paper goes some way in undertaking the difficult task of marrying 
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UK Budget 2018 – Tax Changes & Tax Planning for 2019 & Beyond. Despite speculation that the Chancellor would announce further restrictions to pensions tax relief, and fears that Entrepreneurs’ Relief might be scrapped, there were few surprises. More striking were the absences, with Brexit very much the elephant in 
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McLaren Racing Ltd v HMRC… The Tax Position on CTA 2009 s54; Fines, Penalties, Expenses & Business Profits Tax relief (or not) for fines Legislation (CTA 2009 s54) states that a company can deduct expenses that are wholly and exclusively for the purpose of the trade against their business profits. 
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Image rights: Altered images – will the Government shift the goalposts on image rights? Even many of those who don’t regard themselves as football fanatics are familiar with the fact that England’s sole World Cup win came on home soil in 1966. Through “years of hurt” stretching across the intervening 
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Tax returns: HMRC clamps down on ‘careless’ city tax errors “To err”, wrote the English poet Alexander Pope, “is human”. Glancing over the latest HMRC annual report, which was published this July, one might add that it’s also hugely expensive. According to the Revenue’s figures, a £9.2 billion chunk of 
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HMRC vs D Higgins; Off Plan Purchases & Principle Private Residence Relief (PRR) Exemption… The recent decision in the case of HMRC v Desmond Higgins [2018] UKUT 280 (TCC) confirms that Private Residence Relief (PRR) in relation to gains made on the sale of a house, originally purchased off-plan, does 
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Tax policy: What did the recent party conferences tell us about tax? Despite the frequency of the polls appearing in British media, the only test of opinion which really matters is the General Election. Nevertheless, all the major political parties recognise the merit in keeping the country on their side 
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September 2018 brought ETC’s latest Seminar ‘Doing Business Internationally and Expanding Overseas’ to the Guildhall in Stockport. Our speakers this time were Sharon Collier (Associate Director) and Melanie Lord our VAT consultant. The event was well received, with a few familiar faces, one feedback stating: This was my second Enterprise 
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The Taxation of Cryptocurrency & Tax Efficient Cryptocurrency. One Year On… The cryptocurrency boom of autumn 2017 saw an explosion of interest in cryptocurrencies, blockchain and related technologies and has even resulted in the emergence of “crypto-millionaires”. Many financial advisers have been left scratching their heads as they turn to 
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