12/05/2024
Income tax will be frozen until 2026, Finance Secretary promises
Shona Robison said more people will also be pulled into paying lower rates of tax as thresholds increase by around double the rate of inflation.
12/05/2024
Shona Robison said more people will also be pulled into paying lower rates of tax as thresholds increase by around double the rate of inflation.
12/04/2024
After October’s record outflows, prompted by fears, subsequently justified, that the Chancellor would hike capital gains tax,
11/28/2024
New rules on resident non-doms (RND) announced in the UK Budget have created material uncertainty and could end up having counter-intuitive implications for the government.
11/26/2024
The interim dividend will be paid on 8 January 2025 to shareholders on the register at the close of business on 6 December 2024.
11/26/2024
HMRC will never leave voicemails threatening legal action or arrest, or ask for personal or financial information over text message – only fraudsters and criminals will do that.
11/22/2024
A moderate lifestyle includes being able to afford £74 a week on food (including food away from the home) as well as two weeks in Europe and a long weekend in the UK every year.
11/21/2024
This consistent upward trend underscores the government’s rationale for freezing the IHT threshold until 2030.
11/15/2024
The new feature provides advisers with an IHT liability illustration
11/13/2024
The proportion of deaths subject to IHT projected to double
11/13/2024
The headlines are that the remittance basis of taxation will be abolished and replaced with a new residence-based regime.
11/07/2024
Following the Autumn Budget, most unused pensions pots will be subject to inheritance tax from April 6 2027.
11/07/2024
The precise rules as to how this will work remain subject to confirmation
11/06/2024
One rationale behind the change was to remove taxpayers’ “incentive to use pensions as a tax-planning vehicle for wealth transfer after death.”
11/05/2024
Advisers warn British government’s proposal to replace non-dom scheme will attract those seeking short-term tax holidays
11/04/2024
The remarks are the most high profile attack from a British business leader since Reeves’ budget after firms were forced to shoulder the bulk of her £40 billion of tax rises.
11/04/2024
Many families had planned to leave their pension pots to their loved ones as a means of preserving and passing on their wealth, but these plans have now been disrupted by the Budget's decisions.
11/01/2024
The proposed changes, introduced in a government consultation, outline an extensive process for including pension assets in IHT calculations.
11/01/2024
The proposed modern industrial strategy and corporate tax roadmap are a welcome starting point to attract greater capital.
11/01/2024
Passenger duty will increase 50% for the largest private jets in 2026
10/31/2024
For millions of middle-income earners, this means paying a higher proportion of their income in tax without seeing any real increase in their purchasing power.