From 1 October 2018, HMRC will be gaining access to information from tax havens that will enable it to identify UK citizens with undisclosed offshore assets. By inference, this will also give them access to undisclosed UK income and taxable gains. Why does this matter? It matters because HMRC has introduced new legislation called the […]

Read More

The Office for Tax Simplification (OTS) has been tasked by the Government to review key aspects of the inheritance tax (IHT) legislation. According to information posted to the government’s website recently, the review would appear to be wide ranging. Issues to be examined include: The process around submitting IHT returns and paying any tax, including […]

Read More

We currently manage payroll and auto enrolment for over 90 businesses: from larger clients such as haulage companies, warehouses and care providers with complex payroll needs, to smaller director only companies. As with all of our services, we advise on doing this in the most tax efficient way. As a general rule if you are […]

Read More

Recent budgets and tax changes have done little to improve the financial position of landlords. One change stands out above the rest: the loss of higher rate tax relief on finance charges. Many landlords have concentrated on growing their property portfolios in recent years and, taking advantage of the low interest rates, have borrowed heavily […]

Read More