Say hello to our new website

Every few years, we update the Glazers website to reflect the latest design trends and web technology, so www.glazers.co.uk has been given a makeover this month. As always, it’s been designed to make it easy to find all the information about our services that you are looking for and, as previously, the site has been specifically…

VAT charged on the sale of a business

There are many things to consider when selling a business, but what about the payment of VAT? VAT is charged on most transactions, but it is not as straightforward when it comes to the purchase of a business. If a business is buying the assets of another business alone then VAT will be charged against…

Budget 2020

Budget summary When Philip Hammond delivered the last Budget 499 days ago, in the midst of the Brexit negotiations, he could not have imagined that the next Budget would be dominated by the spread of a lethal contagion. Nor is it likely that he thought Rishi Sunak – then a relatively inconspicuous junior minister –…

Entrepreneurs’ Relief changes expected in March Budget

Speculation is increasing that Chancellor, Sajid Javid, will announce significant curbs on Entrepreneurs’ Relief in the Budget, or could even scrap the valuable tax relief altogether. According to the Financial Times, ministers are concerned that Entrepreneurs’ Relief is too generous to wealthy individuals. Entrepreneurs’ Relief allows business owners to pay half the usual 20 per…

Get ready for a range of tax changes this April

Monday 6 April 2020 will see a range of tax changes come into effect with the start of the 2020/21 tax year. Some of these changes have the potential to have considerable implications for your tax bill, depending upon your specific circumstances. Here is a selection of the most significant changes: Capital Gains Tax (CGT):…