Gifts out of surplus income and Inheritance Tax
Posted by Ian Henman on November 13, 2023If you give gifts out of surplus income, they don’t attract Inheritance Tax. Yet few people do this. We look at how this tax break works.
Downsizing Relief: how it can cut your Inheritance Tax bill
Posted by Ian Henman on November 10, 2023Are you familiar with downsizing relief? We help you understand how it works and how it can slash your Inheritance Tax bill.
Tax investigation protection – what are the benefits?
Posted by Mark Boulter on November 7, 2023Learn more about why tax investigation protection is worth having and how it can benefit both individuals and businesses.
Tribunal ruling could result in Capital Gains Tax refunds
Posted by Karen Jones on October 30, 2023A tribunal ruling revealed HMRC had wrongly charged CGT on the sale of property, meaning many could be eligible for CGT refunds.
Rental income and married couples: how does it work?
Posted by Ian Henman on October 18, 2023When it comes to rental income and married couples, different ownership structures can have different tax implications. We take a closer look.
Side hustle tax rules – HMRC is watching
Posted by Jon Pryse-Jones on October 16, 2023New side hustle tax rules will see the taxman clamping down on people who don’t declare gig economy income. Here’s what you need to know.
Income tax refunds – beware if they’re too good to be true
Posted by Jon Pryse-Jones on October 9, 2023If you’re offered income tax refunds that seem to good to be true, they probably are – as some people have discovered to their cost.
Capital Gains Tax on sale of property – express service
Posted by Kirsty Demeza on October 6, 2023Capital Gains Tax on sale of property – you now have only 30 days to calculate the tax due, declare it to HMRC and pay over the tax.
The THP Guide to UK Inheritance Tax Planning
Posted by Ian Henman on September 1, 2023UK Inheritance tax planning – we explain how to calculate the tax due to the Treasury upon your death or the death of a loved one.
Reporting tax fraud nets whistleblowers £509,000
Posted by Jon Pryse-Jones on August 22, 2023Reporting tax fraud netted whistleblowers over £500,000 during the last tax year. But would a more transparent system recoup more?
