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Corporation tax loss relief: more flexible rules apply

The Government has now released draft legislation to which reforms Corporation Tax loss relief are to be introduced this autumn in the Finance Bill 2017. The aim is to give more flexibility in the way losses can be used when …

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Corporate Tax | Tax

Latest Press

Jubilant June for retail sales

The Retail Sales Statistics released this morning have shown a positive boost mainly thanks to fine weather. Phil Mullis, Partner and Head of Retail and Wholesale at top-20 UK accountancy firm, Wilkins Kennedy, said: “Inflation pushed prices up but consumers have did benefit from a fall in fuel prices. Spend was up 0.4% compared to May, 1.6% on the last three months and 5% year on year, so things are looking up. The good weather we experienced in June helped to get people into stores to kit out their summer wardrobes – and retailers who were able to adopt an effective forecasting strategy to push full price sales were particularly prosperous."

Tax Dates

6 April 2018

End of tax year 2017/18

Budget 2017

The latest on the 2017 Budget

The Chancellor has delivered his last ever Spring Budget. With UK economic growth second only to that of Germany, he promised to provide Britain with a brighter future and set out measures to create a more competitive, fair and stable tax system.

Our 2017 Budget Hub contains all the details for personal and business taxation.

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