Could you save tax by making a Deed of Variation? Losing someone is hard, and sorting an estate can feel harder. Sometimes, though, the outcome does...
Could you save tax by making a Deed of Variation?
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Inheritance Tax Articles
IHT – gifts made with reservation of benefits
Understanding lifetime gifts and the seven-year rule Most lifetime gifts are treated as potentially exempt transfers for Inheritance Tax purposes....
Tax to pay when you get a pension
You may have to pay Income Tax on your pension if your total annual taxable income exceeds your Personal Allowance....
Paying the 2025-26 Child Benefit tax charge
Taxpayers who need to pay the High Income Child Benefit Charge (HICBC) for 2025-26 may be able to pay it...
New tax return requirements for company directors
Company directors who complete a self-assessment tax return should be aware of new mandatory reporting requirements that came into effect...
Business confidence rises but is it time to invest?
UK business confidence is rising, but only 17% of businesses plan to increase investment in the next three months. Here,...
Late payments: Is your business at risk?
60% of UK SMEs say customers take longer to pay than a year ago, and the average amount owed is...
Corporation tax receipts pass £100 billion
HMRC’s latest statistics show that receipts from corporate taxes passed £100 billion for the first time in 2025-26. Here, we...
New customs system for Northern Ireland trade
From 20 October 2026, businesses moving goods between Great Britain and Northern Ireland must use the new TSS platform. Here,...
Reporting property gains
If you sell a UK residential property, you usually need to report and pay any Capital Gains Tax within 60...
Capital allowances restricted for project development costs
A recent Supreme Court decision means capital allowances will probably be restricted for some predevelopment costs. Here, we explain the...