11 March 2020
The big news from a pensions perspective in the 2020 Budget announcement was the increase in the income thresholds above which the tapered annual allowance applies for high earners wishing to make pension contributions.
07 January 2020
Just before Christmas, HMRC announced a package of relaxations and other changes to the loan charge. This came as a welcome gift to people worried about the tax bills they face. Our eager experts have ripped off the wrapping paper to work out what the changes mean and how they will work in practice.
28 August 2018
Exceeding your Pension Lifetime Allowance can be very costly, and for many it comes as a nasty surprise; but more and more people are facing a significant tax charge. Could complicated pension rules be tripping up individuals?
23 August 2018
Our social care system is in crisis and the solution it desperately needs is long overdue. But is an Inheritance Tax (IHT) exempt ISA the answer?
25 April 2018
In a surprise move, the Government has announced an extension of the existing childcare voucher (CCV) scheme, which will now remain open to new entrants until October 2018. The Government rolled out its new Tax-Free Childcare scheme earlier this year, but it is thought that concerns over the operation of the new scheme may be behind the extension.
25 August 2017
A recent tribunal case which considered the availability of Business Property Relief (BPR) on a livery business, could have much wider implications for landholders. The case of The Estate of Maureen W. Vigne v. HMRC is one of many involving arguments for or against the availability of BPR.
03 May 2017
A recent House of Commons Briefing Paper on Stamp duty land tax (SDLT) on residential property includes some interesting statistics, prompting us to consider the question – who really bears the burden of tax?
29 March 2017
We are about to see the most significant changes to the tax rules for non-domiciled individuals since their introduction many decades ago. However, those affected are unable to plan effectively as the relevant legislation has yet to be passed.
09 February 2017
The tax rules regarding buy-to-let property have long been complex. However things are about to become even more difficult for individuals who are landlords of residential property.
05 October 2016
Tax relief on pension contributions has for many years been the subject of lively debate and over recent years we have seen a plethora of legislative changes which have led not to the simple and fair system we would have liked, but to an ever more unsatisfactory and seemingly unfair approach.