When a commercial property changes hands, the purchase price is rarely just bricks and mortar. Embedded within the building are
New IHT rules could lead to multiple pension pot tax chaos
The UK’s inheritance tax (IHT) landscape is undergoing one of its most significant transformations in decades. With rule changes already
What landlords need to know about HMRC’s Let Property Campaign
The UK tax authority, HM Revenue & Customs (HMRC), has stepped up compliance activity with landlords through its Let Property
The development of cloud accounting
The development of cloud accounting has transformed the financial landscape for businesses of all sizes. What began as a niche
Self-Assessment for Income Tax
Self-Assessment is the system HM Revenue & Customs (HMRC) uses to collect Income Tax from individuals whose tax is not
Family wealth planning: FICs vs Trusts explained
Families seeking to protect and pass on wealth typically consider two key planning vehicles: Family Investment Companies (FICs) and Trusts.
Latest news about Inheritance Tax
Inheritance Tax (IHT) remains one of the most talked-about parts of the UK tax system. Rising asset values and frozen
How to qualify for exemption from Making Tax Digital
Making Tax Digital (MTD) represents a fundamental shift in how HMRC expects individuals and businesses to manage tax records. While
What to do if you receive a letter from HMRC
Receiving a letter from HM Revenue & Customs (HMRC) can be unsettling, especially when it concerns tax matters. Whether it’s
Disabled Person’s Trust: Protecting funds and maximising tax advantages
For families with disabled beneficiaries, a Disabled Person’s Trust (DPT) offers a practical way to safeguard funds while accessing valuable