Inheritance tax
The main rate of IHT remains at 40%, reduced to 36% for estates where 10% or more is left to charity. The […]
Month: November 2024
UK residency and domicile
Significant tax changes have been announced for UK resident non-domiciled individuals; namely those individuals spending most of their time in the UK […]
Stamp Duty
England and Northern Ireland – thresholds It has been confirmed that the 0% thresholds for Stamp Duty Land Tax (SDLT) will be […]
Dealing with HMRC
Interest on unpaid tax liabilities From 6 April 2025, the late payment interest rate charged by HMRC on unpaid tax liabilities will […]
Diary of main tax events November/December 2024
Date What’s Due 1 November Corporation tax payment for the year to 31/1/24 (unless quarterly instalments apply) 19 November Employer PAYE & […]
Financial strategies for businesses facing labour shortages
Labour shortages, particularly in the hospitality sector, are creating significant challenges for many businesses this year. Managing your costs while trying to […]
How to protect your business from Kittel VAT risks
Taxpayers have a fundamental right to reclaim input tax, also referred to as input VAT. However, HMRC has the authority to refuse […]
Could this be the best few months to buy a business?
With the news that the Government intends to increase Capital Gains Tax Business Asset Disposal Relief from April 2025 many business owners […]
Request a call back