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
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
Managing automatic re-enrolment
Once you’ve been running auto-enrolment for three years you’ll need to re-enrol workers. Over the last five years there has been a seismic shift in… Read More »Managing automatic re-enrolment
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
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
Personal Tax Planning
How individuals and families can save taxes in 2017/18. The UK tax system provides reliefs and allowances to encourage you to spend or invest in… Read More »Personal Tax Planning
Tax Card 2017/18
Tax Card 2017/18 Taxable Income Bandes and Tax Rates 2017/18 2016/17 Starting rate of 0% on savings up to £5,000* £5,000* Basic rate band… Read More »Tax Card 2017/18
Firms Prepare for Making Tax Digital…
Businesses will be given at least 12 months to prepare for the transition to digital tax accounts. Businesses, self-employed people and landlords will need to… Read More »Firms Prepare for Making Tax Digital…