NEW Articles11 Oct 2024
Unclaimed child trust funds
With around 670,000 child trust fund (CTF) accounts sitting unclaimed by Generation Z adults aged between 18 and 22, HMRC is concerned.
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Articles9 Sep 2024
Student loan threshold frozen
The student loan repayment threshold for England and Wales has been frozen at £25,000 until 2027, to the detriment of many new university students this September.
Articles3 Jul 2024
I’M A NON-DOM … Get Me Out of Here!
Is there really a need to make a “panic” exit from the UK ?
Articles14 Jun 2024
Uncertainty for landlords
Despite support from the Labour Party, the Renters (Reform) Bill was not enacted before parliament was prorogued ahead of the general election. The Leasehold and Freehold Reform Act made it under the wire, but without the expected cap on ground rents.
Articles14 Feb 2024
Moving to Scotland – the cost in tax
There are many benefits to moving to Scotland for work or retirement, especially the stunning scenery. However, anyone contemplating a move should consider the tax cost of relocating from elsewhere in the UK.
Articles19 Oct 2023
Farewell to inheritance tax?
In July, the government was reported as holding talks on abolishing inheritance tax (IHT). This wasn’t given much credence at the time, but there are now reports that the March 2024 Budget will include a reduction to the 40% IHT rate as a prelude to future abolishment.
Articles23 Aug 2023
Changes to Basis Period Reform – Sole Trader Businesses and Partnerships
In the last few months HMRC has issued a significant update regarding basis period reform; As of the 2024/25 tax year, all affected businesses have to use the tax year as their basis period. They will only be liable for... Read more
Articles13 Aug 2023
Behind the numbers on income tax
New income tax statistics from HMRC appear to be good news, but the numbers are not what they seem.