04/29/2025
Up to 300,000 taxpayers could be removed from the requirement to complete a Self Assessment return, with a new digital reporting service introduced for those with modest additional income.
04/28/2025
Backed by up to $300m (£225.54m) from Warburg Pincus, the venture is due to commence operations by June.
04/25/2025
In a session delving into the ‘evolving wealth management landscape’ held yesterday, Stephen Ford highlighted that the looming overhaul of the UK’s tax framework formed a big theme.
04/24/2025
Users and suppliers of contingent workers can expect a more hostile HMRC in addition to proposed 'umbrella' legislation
04/24/2025
New regulatory requirements and structural changes in the financial market shaped the fiscal year.
04/24/2025
CGT receipts hit £399m in March 2025, slightly lower than last year
04/24/2025
PAYE income tax and NICs receipts for April 2024 to March 2025 came in at £486.9 billion, up by a huge £17.6 billion compared to the same period last year.
04/23/2025
This brought the 2024/25 tax year’s total to £13bn, slightly lower than last year’s £14.5bn.
04/23/2025
IHT chargeable on most AIM shares will now be set at a rate of 20%, half the potential 40% benefit that was previously available.
04/16/2025
TSA is a centre of safeguarding excellence with a network of safeguarding specialists
04/15/2025
The current freeze on income tax thresholds has significantly increased the number of people paying tax for the first time.
04/14/2025
The government said last year that the special "contribution" would be temporary.
04/09/2025
Supporters of a wealth tax say it will raise billions for vital services, but critics argue it will be a nightmare for HMRC. What do you think?
04/02/2025
Taxpayers can adopt several simple strategies to preserve and grow their wealth, and seeking financial advice can be an invaluable resource for providing peace of mind while helping people to achieve their goals and prepare for all scenarios.
04/02/2025
And, with clients and advisers working to maximise their savings, use their allowances and refresh their plans before the tax year-end, now is the perfect time to have these discussions.
04/01/2025
The state pension is currently set at £11,502.40 – just £1,067.60 below the personal allowance threshold of £12,570.
03/27/2025
That leaves the UK potentially only one year away from pensioners having to effectively hand a portion of their state pension back to the Exchequer in tax, which to many would seem perverse.
03/26/2025
Tax rules mean UK government debt portfolios are equivalent to 7% cash savings accounts for higher earners.
03/20/2025
The DTA allows the Swiss network of double taxation agreements to be expanded into Southern Africa.
03/17/2025
Relocating to Spain can be highly lucrative for professionals due to tax advantages.