Be aware of HMRC rules on Inheritance Tax gifting says TWP
Surrey accountancy firm TWP is calling on people to be aware of the strict rules on making gifts as part of their […]
Month: April 2023
SMEs to benefit from Chancellor’s change to the Research & Development tax credits schemes
Chancellor Jeremy Hunt announced a partial reversal to the SME Research & Development (R&D) tax credit cuts in the recent Spring Budget after facing […]
Chancellor abolishes Lifetime Allowance pensions shake-up
The abolition of the pensions Lifetime Allowance, (LTA) which was announced in the Spring Budget, releases people to save as much as […]
How does Full Expensing work?
Chancellor Jeremy Hunt has announced a partial replacement for the Super Deduction that allows companies to write off 100 per cent of […]
Crypto transactions to become part of Self-Assessment under new regulations
The Government has announced there will be greater scrutiny on the reporting of all crypto transactions, including for cryptocurrencies and non-fungible tokens […]
How do changes in Corporation Tax affect my business?
Changes to the amount of Corporation Tax (CT) businesses pay came into effect on 1 April. From that date, the main rate […]
Be prepared for business rate changes as rateable value update takes effect
The Valuation Office Agency (VOA) has updated the rateable values of all businesses, and other non-domestic, properties in England and Wales from […]
Government announces shakeup in the payment of Benefits in Kind
The Government has announced a shake-up in how Benefits in Kind (BIK) are paid. The move will allow tax agents to run […]
Last chance to top up your State Pension
To obtain a full state pension upon retiring, individuals need to have built up a required 35 years of NI contributions. Those […]
ISA Transfers: What you need to know
Transferring your Individual Savings Account (ISA) to a new provider for a higher interest rate might seem like an attractive option. However, […]
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