Search

Reset
Displaying 10 of 29 results
Act now if you want to pay your tax by credit card RSM warns
Karen Clark

04 January 2018

RSM is advising taxpayers wishing to pay their tax by credit card to act now before HMRC stops accepting personal credit card payments.

Charity tax relief stats shed light on UK population's charitable giving

04 July 2017

The latest charitable tax relief statistics have been released by HMRC, and a few interesting facts emerge about the UK population’s charitable giving.

Changes in inheritance tax laws encourage charitable giving

31 May 2017

Back in the March 2011 Budget, the Chancellor announced a cut in the rate of inheritance tax (IHT) for those leaving at least 10 per cent of their estate to a charity. Since then, statistics show there has been a sharp increase in the amount of charitable donations left in wills with an accompanying rise in the tax relief granted, suggesting that the policy is working as intended. Sadly though, there also seems to have been an increase in family members challenging wills where the family feel they have been disadvantaged as a result of the charitable bequests.

Individual taxation and fairness

18 April 2017

As we know, the Chancellor was forced into an embarrassing U-turn only a week later on the basis that the 2015 Conservative Party election manifesto had promised no increase in NIC (or VAT or income tax) rates: it is perhaps strange that no advisers pointed this out to Mr Hammond before he made his Budget speech.

Are you ready for the tax year end?

17 March 2017

As the end of the tax year approaches, what claims and elections should you consider?

Do inheritance tax changes mean I should change my will?

14 March 2017

Some changes in inheritance tax law can affect your will. On 6 April 2017 the first tranche of the Residential Nil Rate Band (RNRB) of £100,000 will be introduced, with further increases up to a maximum of £175,000 by 6 April 2020. The conditions to qualify for the RNRB are such that careful Will drafting is required.

Unlock pension pot to seek advice

15 February 2017

The pension landscape is constantly changing and navigating the best option to support retirement plans can be tricky, but will the new scheme from the Government help individuals seek the advice they need?

Last chance to donate to charity - and reduce your tax bill at the same time
Karen Clark

13 January 2017

If you haven’t yet submitted your tax return for 2015/16 it may not be too late to use a charitable gift to reduce your tax bill.

Protecting the innocent (taxpayer)

05 January 2017

Wealthier taxpayers are the subject of increasing scrutiny by HM Revenue and Customs (HMRC) in the belief that more tax can be collected by looking more carefully at their affairs.

HMRC expands its high net worth individuals criterion

17 December 2016

HMRC’s high net worth unit is gradually expanding its definition of who needs special attention. Will it end happily?

Pages