Insights

IHT receipts in the UK hit a record high of £7.5 billion in the 2023-24 tax year; an increase of £400 million…

Today’s Spring Statement was not expected to contain any significant new policies or tax changes. Chancellor Rachel Reeves has confirmed that this…

Many benefits that employees offer their staff are treated as taxable benefits-in-kind, but there are some that are still tax free. This…

Many business owners keep receipts from their lunches and coffee meet ups because they can claim them back as expenses. But even…

From 6 April 2025, the tax advantaged non UK domiciled regime is abolished. This has clear implications for individuals who were previously…

Business owners have started work in January 2025 faced with the prospect of significantly higher wage costs. This is a result of…

Fears about excessive and fraudulent R&D tax credit claims being made by companies have resulted in HMRC launching a new R&D Disclosure…

In addition to being the season for giving, it is almost the season for self assessment. Tax returns must be filed by…

Something that slipped under the radar slightly during the 2024 Autumn Budget was a change to the rules concerning director’s loans and…