Life insurance and Inheritance Tax – what you need to know
Posted by Ben Locker on May 11, 2023Life insurance and Inheritance Tax don’t always mix: an insurance payout could push your estate into IHT. So how you can stop this happening?
Prosecutions of tax evaders drop by a third
Posted by Jon Pryse-Jones on May 4, 2023Recently, HMRC prosecutions of potential tax evaders dropped significantly. We look at why, and why prosecutions won’t dramatically rise soon.
Second home: Can I avoid paying CGT?
Posted by Karen Jones on May 3, 2023If you have a second home, can you avoid paying CGT when you sell? The answer to this one is, no. But with expert help, you may be able to lower your final CGT bill.
Emergency tax on pension withdrawals – how to claim it back
Posted by Jon Pryse-Jones on April 27, 2023The amount of emergency tax paid on pension withdrawals since 2015 is now over £1bn. We explain how this tax works and how you can reclaim it
IHT business relief: could you cut your Inheritance Tax bill?
Posted by Ian Henman on April 24, 2023Do you own a business? If so, you may be able to use IHT business relief to cut – or even eliminate – your Inheritance Tax bill.
What are chattels, and how does CGT apply to them?
Posted by Ben Locker on April 20, 2023Did you know you may have to pay CGT on chattels? But what are chattels? And what are the tax rules that apply when you sell them?
Do I need to pay Inheritance Tax? HMRC’s online tool
Posted by Ian Henman on April 19, 2023“Do I need to pay Inheritance Tax?” If you’re asking yourself this question, HMRC has an online tool that can help you.
Tax changes for 2023: a round-up
Posted by Karen Jones on April 13, 2023Over the last few months there have been many changes to the tax system. We take a look at the tax changes for 2023 and what they mean.
How to reclaim overpaid CGT
Posted by Karen Jones on April 5, 2023Are you struggling to reclaim overpaid CGT on a property sale? If so, we explain how it can be done – and how our accountants can help you.
HMRC investigations of job perks
Posted by Karen Jones on March 31, 2023HMRC Investigations can arise from a large variety of different circumstances. It can even be triggered because of your business’ job perks…
