Termination payments
New rules are coming into force on 6 April 2018 The tax treatment of termination payments can be complex, not least because a termination package… Read More »Termination payments
Tax
Devolution of tax powers within the UK
What tax powers are moving away from Westminster? It may feel like we’re living in increasingly uncertain times ever since the UK voted to leave… Read More »Devolution of tax powers within the UK
Tax Card 2018/19 (Part 1)
TAXABLE INCOME BANDS AND TAX RATES 2018/19 2017/18 Starting rate* of 0% on savings up to £5,000 £5,000 Basic rate band £34,500 £33,500 Higher… Read More »Tax Card 2018/19 (Part 1)
HMRC investigations
What to expect when the Revenue comes knocking. Anyone whose business comes under the Revenue’s microscope is usually in for a roller-coaster ride. HMRC has… Read More »HMRC investigations
Giving to charity in life and death
How to include charitable donations in your tax planning strategy. Incorporating charitable giving into your tax planning strategy can be a useful way to reduce… Read More »Giving to charity in life and death
Claims for R&D tax credits hit record high
Research and development (R&D) tax credit claims by small businesses climbed to £1.345 billion in 2015/16, according to HMRC. The revenue recently released R&D data… Read More »Claims for R&D tax credits hit record high
High value dealers need to register for cash payments
Businesses accepting cash payments of €10,000 or more in exchange for goods are required to register with HMRC under money laundering regulations (MLR). Recent changes… Read More »High value dealers need to register for cash payments
Buy-to-let property
A guide for individual landlords on the recent tax changes. Whether you own one or 50 let properties, you need to be aware of the… Read More »Buy-to-let property
HMRC urged to extend executors’ Inheritance Tax deadline
Royal London is calling on HMRC to change inheritance tax (IHT) rules on larger estates to allow executors more time to pay complex tax bills.… Read More »HMRC urged to extend executors’ Inheritance Tax deadline
Lifetime ISAs
Incorporating the Lifetime ISA into your savings strategy. The past few years have seen several innovations in the savings account market. Gone are the days… Read More »Lifetime ISAs