Inherited pensions may become subject to income tax
Posted by Ian Henman on July 24, 2023HMRC has announced new proposals that could remove tax-free benefits on pensions inherited by someone who died before the age of 75.
Don’t pay Capital Gains Tax……!
Posted by Karen Jones on July 24, 2023If you sell your own possessions and make a large profit you could be liable to pay capital gains tax. Contact THP to learn how to reduce your CGT bills.
Do landlords pay Council Tax on empty properties?
Posted by Ben Locker on July 20, 2023Do landlords pay council tax on empty properties? Do commercial landlords still have to pay business rates? We take a close look at the rules
Simplified expenses for self-employed people – a quick guide
Posted by Jon Pryse-Jones on July 19, 2023What are simplified expenses for self-employed people? And are they worth claiming? We take a look at the pros and cons.
Savings tax bites as interest rates rise
Posted by Karen Jones on July 17, 2023More and more people are falling into the savings tax trap. We look at why this is happening and ways of legitimately cutting your tax bill.
How to claim Marriage Allowance – without getting ripped off
Posted by Karen Jones on July 14, 2023You can cut your tax bill by hundreds of pounds if you claim Marriage Allowance – but beware of third party services who want to take a cut!
Do you pay tax on state pension? You might have to soon
Posted by Jon Pryse-Jones on July 13, 2023Thanks to the ‘triple lock’ and high inflation, many people face paying tax on state pension payments. We explain why this is happening.
How to protect yourself against pension and tax scams
Posted by Ben Locker on July 11, 2023HMRC recently issued advice on how to avoid pension and tax scams. We show you how to protect yourself from the scammers.
Tax allowable expenses
Posted by Karen Jones on July 7, 2023Tax allowable expenses and the importance of them being “wholly and exclusive” for business purposes – we explain how it works.
The Residential Nil Rate Band – What Does It Mean For You?
Posted by Karen Jones on July 5, 2023Learn about how the residential nil-rate band (RNRB) and how it applies to inheritance tax (IHT).
