TAX
AI in Accountancy: Staying Ahead in a Rapidly Changing Industry
The advent of artificial intelligence is transforming accountancy. It's transforming most industries if truth be told, offering new tools and efficiencies that were...
IHT Planning and Gift with Reservation of Benefit
Have you been thinking about inheritance tax (IHT) lately? It's surprising how often it rears its head. But, there are a couple of main anti-avoidance rules to be...
What does the Labour election result mean for tax planning?
I suspect the fact we now have a new Labour Prime Minister in Keir Starmer won’t come as a particular surprise to anyone. Taxation was a subject that frequently...
Child Benefits – 2024 Changes and what they mean for you!
As experts in Tax, it is important for us to keep people abreast of changes in legislation. It's also important to remind people of useful information at the...
Understanding Business Asset Disposal Relief (BADR) for Efficient Tax Planning
In the dynamic world of business and investment, understanding the nuances of tax relief mechanisms can be a game-changer. One key area that demands attention is...
Capital Gains Tax Annual Exemption
With the ever-evolving landscape of taxation in the UK, staying informed about changes to Capital Gains Tax (CGT) is crucial for anyone looking to make the most of...
What is Capital Gains Tax (CGT)?
Capital gains tax (CGT) is a levy imposed on the profit made from the sale of assets. Whether you're selling shares, property, or other investments, it's crucial to...
The End of the Fiscal Year: Preparing for Tax Season in the UK
The UK tax year ends on 5th April each year. However, you currently have until the January of the following year to file your self-assessment tax return. That's why,...
Lifetime Planning Strategies: Navigating Inheritance Tax
Inheritance Tax (IHT) in the UK has often been dubbed as a 'voluntary tax.' It’s an odd concept, isn’t it? Who would voluntarily pay any tax given the choice? In...
Tax Services for Complex Estates
The tax world is certainly an interesting one! Indeed, navigating through the multifaceted layers of estate planning often needs a high degree of expertise and...
Tax Guide for Staff Parties and Employee Gifts
It's that time of the year when many employers are planning parties and possibly even gifts for staff and clients. Navigating the complexities of Tax and VAT in these...
The Rise in Tax Enquiries: Why a Tax Protection Service is Your Best Defence
The vast world of taxation is currently undergoing a significant shift. Recent data suggests there's an eye-watering deficit of £5.2 billion between what HMRC should...