12/12/2024
Targeted support, as suggested by the FCA, has the potential to act as a stepping stone towards full advice while providing information that feels more relevant to people than generic guidance.
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