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Here you can take a look at Lionel's latest articles:-

Get our Analysis and Review of the Budget 2017
On Wednesday 8th March the Chancellor of the Exchequer, Philip Hammond, delivered his first (and last) Spring Budget Statement as the UK begins the process of leaving the European Union. - 08-03-2017

Important Changes to the VAT Flat Rate Scheme (Updated Version)
In the November 2016 Autumn Statement the Chancellor announced the introduction of a new 16.5% VAT flat rate from 1 April 2017 which will apply to certain limited cost businesses registered under the Flat Rate Scheme (FRS). The current maximum flat rate for such businesses is 14.5%. - 02-03-2017

Investors' Relief and Capital Gains Tax
A newly introduced Investors' Relief (IR) has become available from 17 March 2016 which aims to encourage external investment in unquoted trading companies by individuals without the need to be directly involved in the business as an employee or director. - 21-02-2017

Our Summary of the Chancellors 2016 Autumn Statement
On Wednesday 23th November 2016 the new Chancellor of the Exchequer, Philip Hammond, delivered a combined Spending Review and Autumn Statement to the House of Commons. - 17-11-2016

Taxation of Director's Salary and Dividends for 2016/17
Following changes to the personal tax allowance, Employment Allowance and the taxation of dividends from 6 April 2016 this article explores the key issue of the optimum level of directors salary and dividends under various circumstances. - 21-10-2016

Inheritance Tax 2016 update
Inheritance Tax (IHT) is payable mainly on the estates of deceased individuals but can also apply to certain lifetime transfers of assets into trust. - 22-09-2016

Patent Box ~ The Tax Benefits & July 2016 Changes
The aim of the Patent Box is to provide an additional fiscal incentive for companies to retain and commercialise existing patents and to The aim of the Patent Box is to provide an additional fiscal incentive for companies to retain and commercialise existing patents and to develop new innovative patented products. - 26-05-2016

Summary of 2016-17 Tax Changes
In addition to the normal up-rating of tax allowances and thresholds for the new tax year there are a number of other key tax changes which are coming into effect during 2016/17. - 13-05-2016

Tax Rates & Allowances 2016-17
Here is a useful summary of key tax rates and allowances for the 2016-17 tax year - 20-04-2016

Tax Calendar for 2016-17
Below are some of the most important HM Revenue & Customs tax due dates and deadlines for employers and individuals which arise during the 2016-17 tax year. - 20-04-2016

Get our Analysis and Review of the Budget 2016
Get some thoughts, analysis on Chancellor George Osbornes Budget 2016 announcement - 16-03-2016

Taxing Changes for Landlords of Residential Property
Individual owners of buy-to-let properties need to be aware of some very significant changes which are to be introduced from the 2017-18 tax year concerning the way that tax relief is provided on loan interest. - 22-02-2016

Entrepreneurs Relief and the Part Disposal of a Business
Entrepreneurs Relief (ER) was introduced in 2008 and provides a very generous 10% rate of capital gains tax (compared to 28% for a higher-rate taxpayer) on the disposal of a business provided certain strict conditions are met. - 04-02-2016

Our Summary of the Chancellors 2015 Autumn Statement
On Wednesday 25th November 2015 the Chancellor of the Exchequer delivered a combined Spending Review and Autumn Statement to the House of Commons, effectively his third major fiscal event of 2015. - 25-11-2015

The New Dividend Tax Rules ~ Planning For 2016-17
From 6 April 2016 the way that company dividends are taxed will change dramatically, particularly for shareholders/directors of limited companies. - 13-11-2015

Taxation of Dividends ~ New Rules from 6 April 2016
In the Summer July 2015 Budget the Chancellor outlined significant changes to the way that dividends will be taxed from the 2016-17 tax year. The changes are unlikely to have any effect on taxpayers receiving a modest level of dividends from their quoted share portfolios. - 17-09-2015

Summer 2015 Budget ~ Our Review
On Wednesday 8th July 2015 the Chancellor delivered his post-election Summer Budget which unveiled many of the election promises to enable Britain to become a higher wage, lower tax and lower welfare cost economy. - 08-07-2015

Benefits of Incorporation 2015-16
One of the most important considerations that business taxpayers are likely to face is the question of whether or not they should operate their business as a sole trader/partnership or through a limited company. - 17-06-2015

Tax Rates & Allowances 2015-16
Here is a useful summary of key tax rates and allowances for the 2015-16 tax year - 22-04-2015

Tax Calendar for 2015-16
Below are some of the most important HM Revenue & Customs tax dates and deadlines for employers and individuals which arise during the 2015-16 tax year: - 22-04-2015

The Chancellors budget ~ Our Review
The Chancellor delivered his sixth budget statement on Wednesday 18 March 2015, his final spring budget before the next General Election scheduled for May this year. - 18-03-2015

Year-end Personal Tax Planning Checklist
With the 18 March 2015 Budget expected to contain some pre-election tax 'give-aways' look out for our 2015 BUDGET SUMMARY which will be available on the marshvision website from 19 March 2015. - 12-03-2015

Treatment of Goodwill on Incorporation
During the Chancellor's recent 2014 Autumn Statement he announced two significant changes to the treatment of goodwill on the incorporation of a business which apply to transfers from 3 December 2014. - 27-02-2015

Value Added Tax ~ Important Change to Prompt Payment Discounts
From 1 April 2015 VAT registered traders AND their customers need to be aware of an important change to the way that prompt payment discounts are accounted for to ensure that UK procedures are aligned with EU legislation. - 18-02-2015

Important VAT Changes Affecting Suppliers of Digital Services
The EU has acted to ensure that VAT is due at the rate applicable in the Member State where the customer is based. - 12-12-2014

Changes to Capital Gains Tax Reinvestment Relief
The Chancellor announced an important and welcome change to CGT Reinvestment Relief in his 2014 Autumn Statement regarding the treatment of certain capital gains which are reinvested under the Enterprise Investment Scheme (EIS). - 11-12-2014

Our Summary of the Chancellor's 2014 Autumn Statement
The Chancellor of the Exchequer delivered his 2014 Autumn Statement on Wednesday 3 December updating MPs on the government's taxation and spending plans, based on the latest forecasts for the UK economy from the Office of Budget Responsibility. - 03-12-2014

Changes to the Intestacy Rules ~ October 2014
A person who dies without making a valid will is regarding as having died 'intestate' with their estate having to be distributed according to the intestacy rules. - 08-10-2014

Inheritance Tax and Estate Planning
You may be surprised to learn that less than one-third of the adult population in the UK has bothered to make a will. They thus take the risk of dying intestate and their estate being possibly distributed in a way that they did not intend. - 08-10-2014

Pension Auto Enrolment
Auto-Enrolment is a government initiative which commenced in 2012 and will eventually require all employers to enrol their employees into a workplace pension. - 07-10-2014

Extracting Profits from a Family Company ~ Salary v Dividends 2014/15
Directors of family companies are regularly faced with the key issues of extracting profits in the most tax efficient way but at the same time wishing to ensure that undue strain is not placed on the operational liquidity position of the business. - 24-07-2014

Benefits of Incorporation 2014-15
One of the most important considerations that business taxpayers are likely to face is the question of whether or not they should operate their business as a sole trader/partnership or through a limited company. - 24-07-2014

Tax Calendar for 2014-15
Below are some of the most important HM Revenue & Customs tax dates and deadlines for employers and individuals which arise during the 2014-15 tax year - 23-05-2014

Important Changes to Tax Rates & Allowances 2014-15
Here is a useful summary of key tax rates and allowances for the 2014-15 tax year - 23-05-2014

Important Changes to Capital Allowances on Fixtures
Where certain fixtures are installed in a commercial building the cost of such expenditure qualifies for capital allowances. Where the building is subsequently sold then the purchaser will obviously wish to continue claiming capital allowances on the second-hand fixtures as part of the purchase consideration. - 09-04-2014

The Chancellors budget ~ Our Review
The Chancellor delivered his fifth budget statement on Wednesday 19 March 2014, his penultimate spring budget before the next General Election scheduled for May 2015. - 19-03-2014

Furnished holiday lettings ~ A Tax Guide 2014
Where a furnished rental property is designated as a furnished holiday letting (FHL) there are several advantages over a normal let property as it is basically treated as a trade for certain tax purposes. - 03-02-2014

NIC Employment Allowance ~ New from April 2014
From 6 April 2014 employers will be able to claim up to £2,000 per tax year against their secondary Class 1 National Insurance Contributions (NIC). - 03-02-2014

Our Summary of the Chancellors 2015 Autumn Statement
On Wednesday 25th November 2015 the Chancellor of the Exchequer delivered a combined Spending Review and Autumn Statement to the House of Commons, effectively his third major fiscal event of 2015. - 05-12-2013

Close Company Loans ~ Recent Changes
New rules have been implemented from 20 March 2013 covering the important area of loans and advances made by a close company to its participators i.e. its own shareholders. The changes could potentially affect around 1.3 million limited companies - 21-11-2013

Leasing vs Buying a Vehicle ~ the Main Considerations
A key decision facing a business when deciding to acquire or replace a vehicle is whether to purchase it outright (possibly using some form of finance) or whether to enter into a leasing agreement, of which there are several different types available. - 21-10-2013

Tax Efficient Benefits
One key feature of rewarding staff in a tax efficient way is the use of exempt fringe benefits. These can either be made available to all staff or alternatively by allowing employees to tailor their own package by giving up salary in return for specific benefits. The use of certain benefits can also result in a cost-efficient package from an employ - 16-09-2013

Why Marsh Vision Clients Love Their New App
Clients of Marsh Vision Accountants love our new App that enables them to access key calculators, tax sheets and accounting dates 24/7 - 21-08-2013

Marsh Vision Accountants Launch Powerful New App
Marsh Vision release this brand new App thats free for clients and our friends looking to achieve more on the move. - 21-08-2013

Summer 2013 Tax Update
Summer 2013 Tax Update - Keeping you informed of the changes to tax, as well as important rules changes for small businesses, as well as child benefit payments - 10-07-2013

Capital Gains Tax Part 3 ~ Tax Planning Opportunities
This is the third and last in a series of articles dealing with capital gains tax. It identifies some common tax planning opportunities and tips to ensure that any capital gains tax (CGT) payable is minimised or delayed and that any available exemptions and reliefs are used in the most effective manner. - 27-06-2013

Capital Gains Tax Part 2 ~ Business Asset Reliefs
This is the second article in a short series dealing with Capital Gains Tax (CGT) and provides an insight into the key conditions and details of business asset reliefs - 30-05-2013

Capital Gains Tax Part 1 ~ the Basics
This is the first in a short series of articles dealing with Capital Gains Tax (CGT) and covers the basic principles. Further CGT articles to be published on the Marsh Vision website shortly will deal with business asset reliefs and some useful tax planning opportunities. - 17-05-2013

Furnished holiday lettings, the new rules for 2013/14
A number of changes to the rules relating to 'Furnished Holiday Lettings' (FHL) have been made lately which owners should be aware of to ensure that their properties continue to qualify for the favourable tax advantages - 07-05-2013

High Marginal Tax Rates! Here are some situations that result in potentially higher marginal tax rates
Although the official top rate of UK income tax is currently 45% (following the reduction from 50% on 6 April 2013) certain situations can result in surprisingly higher marginal tax rates being potentially suffered. - 26-04-2013

Get our Analysis and Review of the Budget 2013
Get some thoughts, analysis on Chancellor George Osbornes Budget 2013 announcement - 21-03-2013

Get the latest tax rates for 2013/14
Need a reminder about tax rates? Heres useful summary of the most important tax rates and allowances for the current tax year - 20-03-2013

Get a list of important tax deadlines for 2013/14
Here you can find a list of the most important tax deadline for employers in the UK for the 2013 / 14 tax year - 20-03-2013

RTI - Are you ready for Real Time Information Payroll Reporting?
A new system of reporting payroll information to HM Revenue & Customs (HMRC) is being introduced from April 2013 and represents - 12-02-2013

Lionel talks about Tax Relief on Capital Expenditure
This article focuses on the tax relief available on the acquisition of assets such as plant and equipment, commercial vehicles and motor cars - 07-11-2012

VAT Flat Rate Scheme // Business Benefits of the VAT Flat Rate Scheme explained
Businesses with taxable turnover (excluding VAT) below £150,000 could greatly simplify their VAT administration and accounting by basing their VAT payments on - 30-10-2012

Research & Development - Does your business qualify for the R&D Tax Relief 2012?
From April 2012 small companies are allowed to claim corporation tax relief equivalent to a generous 225% of any qualifying revenue expenditure incurred on research & development (R&D) initiatives - 13-08-2012

Ensure your business disposal qualifies for Entrepreneurs Relief
A capital gain arising on the disposal of a 'business' can benefit from a reduced rate of capital gains tax of 10% provided the disposal qualifies for Entrepreneurs' Relief (ER) - 12-07-2012

Get a list of important employers tax deadlines for this tax year
Here you can find a list of the most important tax deadline for employers in the UK for the 2012 / 13 tax year - 12-07-2012

Will you be affected by the new child benefit changes?
New rules are being introduced from 7 January 2013 if a household member earns £50,000 annual income they will lose some or all of their eligibility to Child Benefit - 15-06-2012

Here's an update on the UK Tax Rates and Allowances for 2012...
Need a reminder about tax rates? Here's useful summary of the most important tax rates and allowances for the current tax year - 12-06-2012

If you're looking for a VAT accountant, here's some value added updates...
This is the first of regular 'tax blogs' that will be posted on the Marsh Vision website and we hope that you will find them useful. This first blog alerts you to some of the important changes to Value Added Tax which are applicable from April 2012 - 11-05-2012