Posts by Paige Collins
There’s no respite for HMRC with inheritance tax (IHT) accounts, undeclared dividend income and gains from share disposals to scrutinise. HMRC is currently busy with several ongoing checks. They are looking at IHT accounts, targeting undeclared dividend income, and making sure any gains from share disposals have been correctly declared....
How to Navigate the £500 Trust Income Exemption
The introduction of a £500 income exemption on 6 April 2024 has impacted many trusts....Britain’s State Pension Crisis At An All Time High
The demographic time bomb facing Britain's state pension system is about to explode. As the...Companies House Reform Brings Tougher Company Checks
On March 4th, Companies House introduced wide-ranging reforms – subject to new legislation being in...
Having already paid out over £1 billion in claims, and now facing claims for further millions, Birmingham City Council’s financial...
The outcome from the Making Tax Digital (MTD) small business review is that MTD for income tax self-assessment (ITSA) will...
November’s Autumn Statement included a package of measures to help alleviate the burden of business rates in England and on...
Changes to individual savings account (ISA) rules coming into effect from 6th April 2024 will make ISAs more user-friendly. Most...
For employees, the national insurance cut announced in the Autumn Statement took effect on 6 January. For many years, successive...
HMRC has updated its guidance to clarify that there is no taxable benefit when an employer reimburses employees who charge...
