Date posted: 11th Jul 2025
When planning to pass on wealth to loved ones, it’s important to understand which gifts may be free from Inheritance Tax (IHT). HMRC offers several gift exemptions—some of…
Date posted: 11th Jul 2025
With the next tax return season approaching, it’s important to check whether you need to submit a Self Assessment tax return for the 2024/25 tax year. Even if…
Date posted: 11th Jul 2025
If you’re a non-UK resident and you sell UK residential or commercial property, you may be liable to UK Capital Gains Tax (CGT)—even if you live abroad and…
Date posted: 11th Jul 2025
If you or your partner claim Child Benefit and either of you earns over £60,000, you may need to repay some or all of it. This is done…
Date posted: 11th Jul 2025
HMRC has confirmed that it will stop sending the majority of tax-related letters by post, moving instead to a digital-by-default approach. This means many taxpayers will no longer…
Date posted: 11th Jul 2025
From the 2024/25 tax year, HMRC have made a change to how most sole traders and partnerships (excluding LLPs and partnerships with corporate members) calculate their business profits…
Date posted: 23rd Jun 2025
If you need to apply for a 2024/25 (tax year to 5 April 2025) PAYE Settlement Agreement (PSA), then you need to apply to HMRC by 5 July…
Date posted: 16th Jun 2025
If you’ve not yet filed your 2023/24 Self Assessment tax return, it’s vital to act quickly—daily penalties of £10 are now being charged by HMRC for each day…
Date posted: 16th Jun 2025
It’s a familiar story: an entrepreneur sets up a limited company, gets a logo made, sorts the website, and opens a business bank account. You’re lean, you’re focused,…
Date posted: 16th Jun 2025
Sometimes seen, as an alternative to a trust, Family Investment Companies (FICs) are once again emerging as a popular planning vehicle among wealthy families looking to preserve and…
