Latest News

HMRC repayment interest

Following the increase in the bank base rate to 1.75%, the HMRC repayment interest rate will increase this month to 0.75%. The interest rate charged on late payments is set at...

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Liquid air

On 5 July we posted a snippet that caught our eye on sand batteries. This month we give you another novel renewable energy storage technology – liquid air. This sounds like a...

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Lump sum exit scheme tax clarified

HMRC has clarified that payments made to farming businesses under the Lump Sum Exit Scheme (LSES) will be treated as the disposal of a capital asset and not as trading income....

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Not so permitted development rights

“From time to time, cases come across our desks that remind us that carrying out development under permitted development rights is not without risk.  We have had a recent instruction that...

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Is a holiday let a dwelling?

“The recent press reports of the surge in the number of houses registered as holiday lets have led to calls for planning restrictions to prevent houses in holiday hot spots from...

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Sand batteries

A story in the news from Finland caught our attention this morning about the use of sand to store surplus renewable energy as heat for re-use during the long Finnish winter....

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Breach of occupancy conditions

“We last discussed the breach of occupancy conditions in January 2018 but a recent instruction provides a useful reminder of some of the key issues”, says Brian Dinnis of Acorn Rural...

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