Amid the frequently repeated references to the £22bn ‘blackhole’ in the public finances and warnings from the Prime Minister of a ‘painful’ Autumn Budget, it would appear that tax relief on pensions may be another area the Government seeks out… Read more
As speculation mounts that the new Government will soon make changes to raise more money for the Treasury via Inheritance Tax (IHT), it seems we’re already set for the highest receipts on record this year. The latest HMRC stats show… Read more
The Government has published details of a new tax treaty with Ecuador. The UK and Ecuador signed their first comprehensive double tax treaty on 6 August. Once ratified, it will affect taxation on income and gains between the two countries…. Read more
The Government has published a policy paper confirming the abolition of the Furnished Holiday Lettings (FHL) tax regime. It will mean that property investors will no longer get the existing tax benefits of FHLs from next April. The previous Conservative… Read more
Do you own or work for a business that needs to register for VAT? If so, you might find it of interest to learn that there’s a new digital tool available to use online. Launched by HMRC, the VAT Registration Estimator can… Read more