18 March 2024 FURNISHED HOLIDAY LETTINGS (FHL) REGIME – to be abolished from 6th April 2025. Properties meeting the qualifying tests for FHLs are taxed under special rules and owners of such… More: FURNISHED HOLIDAY LET…
27 February 2024 ISA reforms from April Changes to individual savings account (ISA) rules coming into effect from 6 April 2024 will make … More: ISA reforms from April
23 January 2024 Business Rates Relief: Extensions and Cuts November’s Autumn Statement included a package of measures to help alleviate the burden of busine… More: Business Rates Relief…
6 October 2023 Don’t Get Caught in the VAT Penalties Net! The 50th anniversary of the UK’s introduction of VAT was earlier this year, but despite being aro… More: Don’t Get Caugh…
6 October 2023 Finalising Returns Figures and Filing Early HMRC is chasing taxpayers who have submitted tax returns for 2021/22 containing unresolved provis… More: Finalising Returns Fi…
15 August 2023 New PAYE process for High Income Child Benefit Charge One of the many criticisms aimed at the High Income Child Benefit Charge (HICBC) is that anyone c… More: New PAYE process for …
12 July 2023 National Insurance Gap Extension The normal time limit for a person to fill gaps in their national insurance (NI) record is six ye… More: National Insurance Ga…
14 June 2023 The Ofgem price cap returns From 1 July, the energy price cap set by energy regulator, Ofgem, will fall from £3,280 to £2,074… More: The Ofgem price cap r…
14 June 2023 Self-assessment threshold rises from 2023/24 There is a long list of reasons why it is necessary to complete a self-assessment tax return, but… More: Self-assessment thres…
14 June 2023 More estates paying IHT The combination of a frozen inheritance tax (IHT) nil rate band and considerably higher property … More: More estates paying IHT