Tax News

Looking to sell a business? Here are the tax planning opportunities available


By Hannah Butcher ACA, Bsc (Hons), FMAAT, FCCA An effective tax planning strategy can help to reduce your overall liability ...

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IHT pension reforms now only half a year away


We are now just over six months away from the long-anticipated reforms to Inheritance Tax (IHT), which will see unspent ...

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Demystifying the changes to Benefits in Kind from 2027


Reforms to the Benefits in Kind (BIK) system have continued to change in recent years, as the Government prepares to ...

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How is the mansion tax distorting the housing market?


The so-called mansion tax is already beginning to have an impact on the UK housing market, despite the surcharge not ...

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Reckless tax statements: How could an honest mistake become criminal?


In June 2026, the Government published a document to gather views on the introduction of a criminal offence for making ...

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Gifting out of income – The overlooked way to reduce Inheritance Tax


For many people, giving financial support to family members is an important part of their financial planning. Whether it is ...

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New proposals recommend regular ITSA tax payments from 2029


A new consultation paper from the Government has set out how Income Tax Self Assessment (ITSA) payments could move to ...

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MTD is here – What happens if you miss the first deadline on 7 August?


Making Tax Digital (MTD) for Income Tax became mandatory this year for sole traders and landlords with qualifying income over ...

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Parents with teenagers could lose out on Child Benefit after 31 August


If you or any of your employees have children aged 16 to 19, it is worth noting an important HMRC ...

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