08/13/2025
Such a cap would bring more gifts into scope for IHT and could capture not just large transfers designed to reduce tax bills but also modest, routine support between family members.
08/12/2025
The faux row will be ear-splitting whether Rachel Reeves takes a lot or a little. Scepticism about a wealth tax is rising, but there are many ways to skin fat cats
08/11/2025
Campaigners and the Scottish Greens want the public funding of tax havens to be banned altogether.
08/08/2025
Stockport accountancy firm becomes first to be charged under law brought in eight years ago
08/07/2025
This is the moment for anyone with UK assets to stop waiting and start acting.
08/06/2025
Each transaction must therefore be carefully assessed to determine the applicable VAT regime
08/05/2025
The rise comes as interest rates have soared and the Personal Savings Allowance has remained frozen for over nine years.
08/05/2025
Without them, many self-employed workers are effectively frozen out of the housing market, unable to prove they can afford to buy.
08/05/2025
It means the number of people paying tax on their savings income is set to quadruple in just four years.
08/01/2025
The idea behind HMRC’s new tax coding process is that it should reduce the administrative burden on savers, while also minimising the number of overpayments being made in the first place.
08/01/2025
Anneliese Dodds argued it is ‘important’ for the Government to consider evidence set out by the Wealth Tax Commission.
08/01/2025
This bill, together with the laws implementing an inpatriate tax regime and clarifying the use of alphabet classes of shares, gives yet another tool to employers to attract and retain talent.
08/01/2025
The minimum required annual operating expenditure is reduced.
07/28/2025
The UK had in April published rules specifying which countries have implemented a qualifying income inclusion rule and a domestic top-up tax under Pillar Two.
07/28/2025
HMRC has said it will invest in the development of AI solutions, which will automate the provision of call summaries following taxpayers' calls with HMRC advisers and caseworkers.
07/23/2025
With income tax thresholds frozen, workers are seeing more of their earnings swallowed by the tax system.
07/23/2025
The digital first approach will see HMRC automating tax wherever possible and offering new digital self-serve options across a number of tax regimes.
07/22/2025
HMRC attributed the rise to increased asset values, more wealth transfers following deaths and the government’s decision to freeze tax-free thresholds until 2029/30.
07/21/2025
With income tax and National Insurance contributions already increased through higher rates and frozen allowances, changes to capital gains tax (CGT) may need to be considered.
07/18/2025
Under the new rules, all long-term UK residents pay taxes on their worldwide income.