Search

Reset
Displaying 10 of 53 results
Action needed by trusts to comply with beneficial owner register requirements

04 July 2017

Action is needed by trusts to comply with a new requirement for a beneficial ownership register for trusts operated by HMRC. New trusts within the scope will need to register by 5 October 2017 and information on existing trusts must be provided by 31 January 2018.

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.

NI contributions alignment

09 March 2017

Additional two per cent National Insurance contributions for the self-employed, including partners of partnerships/LLPs

Farewell dividend allowance 

08 March 2017

Not quite goodbye to the dividend allowance but is it the beginning of the end?

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?

Urgent non-dom changes from 5 April 2017
Karen Clark

Non-doms, from 5 April 2017, who are residents in the UK for 15 out of the last 20 years, will no longer be able to access the remittance basis of taxation.

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.

Pages