More recent posts
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HM Revenue & Customs claims its crackdown on copycat websites has saved us £2.4m
HM Revenue & Customs (HMRC) has been tackling bogus websites posing as official HMRC sites which have been redirecting people to premium rate phone numbers. Fraudsters develop copycat…
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New advisory fuel rates from 1 June 2018
HM Revenue & Customs have announced new fuel rates for company cars, which apply to all journeys on or after 1 June 2018, until further notice. For one…
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Childcare vouchers scheme to be extended by six months
From 5 October 2018, childcare voucher schemes will be closed to new applicants. Previously the government intended to close the scheme to new applicants from 5 April 2018,…
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Incentivise staff to get fit!
Everyone knows the benefits of staying fit and healthy; however, in a world where many of the workforce spend large periods of the day sat at their desks…
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Office of Tax Simplification reviewing IHT complexity
The Office of Tax Simplification (OTS) is reviewing the inheritance tax (IHT) regime to identify whether unnecessary complexities exist, and has issued a public call for views and…
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Stamp duty receipts soar to 10-year high
Stamp duty land tax receipts in 2017/18 were higher than at any time in the previous 10 years. £9.3billion was collected on residential property transactions alone, with close…
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Personal representative liable for inheritance tax due
A personal representative who transferred a deceased’s estate to a beneficiary who has apparently now vanished to Barbados has been told by the First-Tier Tribunal that he must pay…
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2018/2019 Tax year – taxing times for individuals
The 2018/19 tax year is now well underway. Below is a summary of some of the changes to tax allowances, to assist individuals to plan as the tax…
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Inheritance tax (IHT) revenues hit record high
IHT receipts hit a new record high of £5.3billion in 2017/18; a 13% increase on the £4.7billion collected in 2016/17. David Nash, Partner said “The continual increase in…