Insights

With effect from 6 April 2025 HMRC have reclassified most double-cab pick-up trucks as cars for tax purposes, rather than vans. This…

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

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…

Rumours before the 2024 Budget about steep hikes to capital gains tax sent many business owners into a panic. Whilst the actual…

Capital gains was one of the areas of taxation that everyone expected would increase. There were a range of rumours circulating that…

Now that the Autumn Budget date has been confirmed for 30 October, speculation surrounding what taxes will increase and by how much…

The Labour government is expected to make some significant changes to inheritance tax (IHT) reliefs in the forthcoming Autumn 2024 Budget. This…

The Labour government's plan to impose a 20% VAT charge on private school fees in the UK will be effective from January…