When does grain storage qualify for tax relief?
An area that causes confusion is grain storage because at first glance, it appears to fall onto the excluded lists. However, this is not always the case.
An area that causes confusion is grain storage because at first glance, it appears to fall onto the excluded lists. However, this is not always the case.
Relief milkers, seasonal tractor drivers and part-time grooms often fall into this grey area of the “gig economy”.
A common misconception of Making Tax Digital (MTD) is that all UK VAT registered business need to be compliant by 1 April 2019.
The Chancellor announced that the Annual Investment Allowance (AIA) would increase from £200,000 to £1,000,000 for a two year period from 1 January 2019 to 31 December 2020.
Over the years, the team at Ellacotts has helped clients through various significant infrastructure projects.
HMRC has recently published a paper on the influence of Inheritance Tax (IHT) reliefs and exemptions on estate planning.