Major reforms to the UK’s Inheritance Tax (IHT) regime are on the horizon, with sweeping changes, particularly affecting non-domiciled individuals (non-doms) set to take effect from 6 April 2025.
HM Revenue & Customs (HMRC) has intensified its efforts to track down unpaid Capital Gains Tax (CGT), with recent figures showing an increase in compliance activity.
Read More »Capital Gains Tax clampdown – What HMRC’s surge in investigations means for you
Inheritance Tax (IHT) remains a concern for many individuals seeking to preserve family wealth across generations.
Read More »What are the Inheritance Tax benefits of writing a life insurance policy in trust?
From 6 April 2025, employers will need to accommodate a brand-new statutory entitlement: neonatal care leave and pay.
Read More »How neonatal care leave will affect your payroll and policies
In a move to simplify tax compliance and boost the economy, the Government has announced that the Income Tax Self-Assessment (ITSA) reporting threshold will rise from £1,000 to £3,000.
Read More »Welcome news for thousands as Income Tax reporting threshold set to increase
Director’s loans can be a useful way to access company funds, but if not managed properly, they can lead to unexpected tax liabilities.
Read More »The tax traps of director’s loans – How to avoid unnecessary charges
If you own an electric or low-emission vehicle, you have likely enjoyed the benefit of paying zero road tax.
Read More »Road tax changes for electric vehicles – How to secure an extra 12 months tax-free
For individuals and business owners looking to preserve wealth for future generations while maintaining control over their assets, Family Investment Companies (FICs) are an alternative option to trusts.
Read More »Could a Family Investment Company help you manage tax and protect wealth?
We notice that few people take advantage of these special rules and we thought we would bring it to your notice as there is till… Read More »TAX free non-cash vouchers
If you are thinking about selling your business, timing could be everything. Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief, helps business owners… Read More »Planning your exit? Watch out for the BADR changes
