Our May 2014 Tax Newsletter is now available to download and contains lots of useful information for small businesses.

Contents include:

• Confirmation of income for mortgage purposes
• Capital gains tax to be paid by non-residents on UK residential property
• 15% stamp duty land tax for certain purchasers
• VAT and discounts for prompt payment
• CGT entrepreneurs relief applies up to 3 years following cessation

• Payment of self-employed class 2 national insurance