Video Games Tax Relief

Tax relief on your video game production costs Video Games Tax Relief was introduced in April 2014 to promote the UK games industry. Although many costs of the games were (and still are) eligible for R&D tax relief (such as increasingly realistic graphics, sound or playability or development of existing games to work on […]

Completing your Twitch tax interview

Have you recently become a Twitch Affiliate? Congratulations! But before you complete your Twitch tax interview, make sure you read this first to save you from potentially making costly mistakes! What is a Twitch tax interview and why do I need to complete one? In order to comply with US […]

Company Car Tax and Electric Vehicles

Company car tax Under the current rules, purchasing and owning a car via a corporate entity attracts a benefit in kind on the employee (director) who has use of the car. The company car tax calculation is based on the CO2 emissions of the car and the list price of […]

Spring Statement 2018 – Key Measures

The Chancellor’s 2018 Spring Statement earlier this month gave the government the opportunity to consider the longer-term fiscal challenges ahead of Brexit, and initiate consultations on how these can be addressed. Following this, we have put together an overview of the measures announced in the Statement, along with the key changes […]

Tax treatment of cryptocurrency

Cryptocurrency has seen an incredible surge in popularity amongst investors in recent months. The most popular of these virtual currencies by far is the bitcoin, although there are approximately 1000 others. In 2017, bitcoin rose in value by a staggering 1,600%, with a single bitcoin worth £7,641 as of 28th February 2018. […]

YouTube announces changes to Partner Program

Thousands of smaller creators have expressed their outrage this week at YouTube’s unexpected update to their Partner Program terms. The changes, effective from 17th January 2018, mean that YouTube channels will only be eligible for monetization of their videos if they have 4,000 hours of viewing time over 12 months […]

Is your Christmas all wrapped up?

In the UK, we are forecasted to spend £78.69 billion on Christmas this year, with the average family splashing out £1,149! According to the Bank of England, in December alone households spend £500 more than the average month on presents, food, drink and socialising. Presents Presents are a big part […]

SDLT scrapped for first time buyers

Good news for first-time buyers! In the Autumn Budget it was announced that, with effect from Budget day (22nd November), there would be no Stamp Duty Land Tax (SDLT) payable for first-time buyers on the purchase of a home costing up to £300,000. For those who are eligible, that is a saving […]

Snapchat #Ad?

Social Media influencers are being reminded to abide by advertising regulations following the recent high profile case of Marnie Simpson on Snapchat. In June, the Geordie Shore star broke advertising rules by posting two product images from firms she has business relationships with, but without identifying them as adverts. The […]

Social Media Hate Speech Law comes into force in Germany

As of this month, a new law has come into effect in Germany which aims to regulate hate content being posted and shared on social media platforms. The law, called “Netzwerkdurchsetzungsgesetz” (which translates as “Enforcement on Social Networks”), was passed in June following a series of high profile cases of […]