Tax News

IHT planning in 2025 – How frozen thresholds could cost your family more


Inheritance Tax (IHT) is becoming a growing concern for families across the UK. Recent figures show that IHT receipts from ...

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Received a ‘One to Many’ letter recently?


HM Revenue & Customs (HMRC) has recently issued One to Many (OTM) letters to private equity businesses and estate agents. ...

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Fur and finance – Tax compliance in animal sales


If breeding and selling animals has turned into a source of income for you, you need to make sure your ...

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Are you one of the many unaware of the upcoming Inheritance Tax changes?


Recent research by Canada Life has revealed a knowledge gap surrounding changes to Inheritance Tax (IHT), set to come into ...

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Sole traders – Is there a benefit to van ownership?


As a sole trader, it is only natural to look for opportunities to save money and maximise your earnings. One ...

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Become an eco-conscious business – Taking advantage of Climate Change Agreements


Taking advantage of green tax reliefs is a good way to reduce how much Climate Change Levy tax (CCL) your ...

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Confusion on savings interest – HMRC weighs in


HM Revenue & Customs (HMRC) has clarified that if your earnings from interest exceed £10,000, tax may apply depending on ...

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Prepare for major changes to Agricultural and Business Property Relief


The recent Budget introduced updates to Agricultural Property Relief (APR) and Business Property Relief (BPR) under Inheritance Tax (IHT). Aimed ...

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Christmas cheer or tax liability? How trivial benefits impact your business


With Christmas right around the corner, many of you might be looking into ways to spread the holiday cheer among ...

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