02/22/2023
Inheritance tax has historically been considered a tax for only the very wealthy, but the current freeze coupled with inflated house prices has seen far more people caught by the net.
02/17/2023
The US does not have a federal sales tax. Each individual state has its own sales tax rules and regulations.
02/13/2023
This means from this April, CGT will be applied to any profits that exceed £6,000 after selling an asset such as a second property or investments held outside an ISA.
02/13/2023
The EU takes into account who is on its list of non-cooperative jurisdictions for tax purposes in its foreign policy decisions when considering development cooperation and other economic relations with third countries.
02/10/2023
Businesses who regularly receive repayments of VAT from HM Revenue & Customs (HMRC) should consider filing their VAT returns on a monthly rather than a quarterly basis.
02/08/2023
Qualifying property companies can elect for REIT status.
02/07/2023
There is also the not so small issue of defined benefit pension schemes where the deficit contribution treatment under flat rate relief just felt too hard a nut to crack.
02/02/2023
With just nine weeks until the end of the financial year, follow Bestinvest’s guide on utilising your allowances to manage your income tax liability
02/01/2023
The rate differential between DPT and corporation tax means that affected companies will often seek to restructure their operations to pay more corporation tax, rather than paying DPT.
01/31/2023
Remember that criminals rely on you being panicked or flustered and they are skilled at extracting sensitive information.
01/31/2023
Many people take the lump sum option because they may need the funds to cover a one-time expense or financial emergency
01/31/2023
Under the pension freedom rules people aged 55 plus can freely access their cash.
01/30/2023
The future of tax looks very different to the present. Equip your team with the digital capabilities they’ll need to thrive.
01/27/2023
This alert summarizes the key aspects of the 2023 TP audit cycle and the upcoming changes in future years.
01/24/2023
Several measures being considered
01/24/2023
The rising tax, some experts have said, could pose a very real risk for homeowners whose property values have grown over the past year
01/23/2023
The higher rate of tax is levied on anyone with an income between £50,271 to £150,000 at a rate of 40%, while the additional rate is taxed on an income over £150,000 at 45%. Usually, the bands increase with inflation.
01/18/2023
The Top Employers Institute programme certifies organisations based on the results of their HR Best Practices Survey.
01/13/2023
Data obtained through FOI by private equity firm Growthdeck and provided to Spear’s shows that in the year to October 2022 the government increased its annual total CGT receipts by 27.5 per cent, up to £15.3 billion.
01/12/2023
The Treasury committee has been pressing HMRC for answers on why the outages happened, and how it plans to avoid them in the future.