The number of estates paying inheritance tax has risen by 15% in recent years, as the UK government’s receipts for the tax climbed to a record £5.4bn. Figures released by […]
Company cars have become less attractive to businesses over recent years, partially due to increased taxes. However, from 2020 it may be more cost effective for businesses to offer a […]
A First Tier Tribunal (FTT) has found the work of BBC presenters Joanna Gosling, David Eades and Tim Willcox fell within IR35, so tax and NIC are due on payments […]
Recent research undertaken by Intuit QuickBooks indicates that around 45% of SME employees have paid too much tax due to errors in their payroll, and would benefit from the services […]
HM Revenue & Customs’ yield from investigations into ‘wealthy individuals’ rose to £1.8bn in the 2018/19 tax year, up from £1.2bn the previous year. The number of compliance checks led […]
HM Revenue & Customs (HMRC) have been accused of keeping people who face the controversial “loan charge” in the dark after settlements were put on hold pending a review. The […]
The Financial Ombudsman Service (FOS) has ordered Advance Mortgage Funding to compensate a couple after it gave incorrect advice on Stamp Duty Land Tax (SDLT), which resulted in them having […]
HMRC has apologised for the length of time it has been taking to process R&D tax relief claims, which in some cases has been three times longer than the 28 […]
In the 2018/2019 tax year HMRC opened investigations into 5,537 inheritance tax returns submitted, according to figures gained from a freedom of information request by wealth managers Quilter. This represents […]
If you were to make a gift of money or assets would you be aware of the inheritance tax rules that might apply? HM Revenue & Customs (HMRC) polled 2,090 […]
