Gifts and Inheritance Tax reliefs and exemptions
There’s usually no Inheritance Tax to pay on small gifts you make out of your normal income, such as Christmas or birthday presents. These are
There’s usually no Inheritance Tax to pay on small gifts you make out of your normal income, such as Christmas or birthday presents. These are
The Lifetime ISA will be available for young adults from April 2017 as the Savings (Government Contributions) Bill receives Royal Assent. The Help to Save
The first thing you can count on, is that taxation is here to stay. The second thing you can count on is that the tax
It is unfortunate that HMRC have designated the 31 January as the filing deadline for self-assessment purposes as we are more likely to be adversely
We are fast approaching the end of the 2015-16 tax return filing period – returns for this year should be filed electronically by 31 January
£120 million of funding is to be made available to support farmers, grow businesses, and generate thousands of jobs in rural communities. This announcement was
If you are required to file a tax return for 2015-16, and have not yet done so, you have until 31 January 2017 to complete
From 1 December 2016, the advisory fuel rates have changed to: 1400cc or less: petrol 11p per mile, LPG 7p per mile 1401-2000cc: petrol 14p
Whilst it is never easy to double guess future changes in our tax system there are already changes afoot, some included in past legislation, and
All UK taxpayers may benefit from pausing, taking a deep breath, and considering their planning options as we approach the run-up to yet another tax
It is worth repeating an article we first published March 2016 that highlighted the cash benefit to company car drivers and their employers, of reimbursing
This is also an appropriate time of the year to consider your CGT position if you have already disposed of (or are considering a disposal)
1 January 2017 – Due date for corporation tax due for the year ended 31 March 2016. 19 January 2017 – PAYE and NIC deductions
The Intellectual Property Office has issued a video setting out the dangers of buying counterfeit goods this Christmas. They say: Counterfeiting can be defined as
The answer to this question depends, in the first instance, on the business structure you select. If you run your business as a sole trader,