IHT: when the 7-year rule becomes the 14-year rulePosted by Ian Henman on February 29, 2024
Inheritance Tax is complicated! Without the right planning, you get can get tripped up by the 14-year rule and pay more than you need.
MTD for Income Tax to cost sole traders and landlords £350Posted by Karen Jones on February 26, 2024
HMRC has released figures that estimate how much it will cost sole traders and landlords to implement and comply with MTD for Income Tax.
HMRC does a U-turn on double cab pick-upsPosted by Mark Ingle on February 22, 2024
The government has withdrawn new rules that would have make double-cab picks ups a much more expensive option for company fleets.
Capital Gains Tax allowances and reliefs – what can you claim?Posted by Kirsty Demeza on February 19, 2024
If you’re looking for information on Capital Gains Tax allowances and reliefs, this post helps you navigate the CGT maze.
HMRC clamps down on unpaid dividend taxPosted by Karen Jones on February 12, 2024
HMRC is writing to business owners it believes have failed to declare and pay dividend tax. We tell you what you need to know.
Contribute to your partner’s retirement and get pension reliefPosted by Jon Pryse-Jones on February 8, 2024
Did you know that you can contribute to a partner’s or child’s retirement fund and get significant pension tax relief? We explain how.
State pension age to rise further?Posted by Ben Locker on February 5, 2024
Soon the state pension age will rise to 67. Yet new research suggests it will need to rise to 71 by 2050. When will you be able to retire?
ATED return (Annual Tax on Enveloped Dwellings) – don’t forget!Posted by Karen Jones on February 2, 2024
Do you have a company which owns residential properties valued at over £500k? If you do, then you may have to file ATED returns (Annual Tax on Enveloped Dwellings) and pay additional taxes on them.
How to pay CGT the easy wayPosted by Jon Pryse-Jones on February 1, 2024
If you need to pay CGT on items other than property, there are two ways to do it. Surprisingly, many people fill in a tax return needlessly.
Late tax return? Ask us to help before your tax bill growsPosted by Jon Pryse-Jones on January 30, 2024
A late tax return can quickly become expensive as penalties and interest accumulate. If your return is late, we can help you.