IHT business relief: could you cut your Inheritance Tax bill?
Posted by Ian Henman on March 28, 2025Do you own a business? If so, you may be able to use IHT business relief to cut – or even eliminate – your Inheritance Tax bill.
Treasury to launch tax whistleblowing scheme
Posted by Jon Pryse-Jones on March 25, 2025Government has announced it will launch a new tax whistleblowing scheme later during 2025. We look at how it might work.
Double cab pick-up tax rules change – again
Posted by Mark Ingle on March 24, 2025In the Autumn Budget, the government again changed the double cab pick-up tax rules, making these vehicles more expensive for businesses.
What are chattels, and how does CGT apply to them?
Posted by Ben Locker on March 21, 2025Did you know you may have to pay CGT on chattels? But what are chattels? And what are the tax rules that apply when you sell them?
Buy-to-let companies outstrip takeaways and hairdressers
Posted by Jon Pryse-Jones on March 20, 2025A recent surge in buy-to-let companies has seen them outstrip the numbers of hairdressers and takeaways – but are limited companies worth it?
Do I need to pay Inheritance Tax? HMRC’s online tool
Posted by Ian Henman on March 19, 2025“Do I need to pay Inheritance Tax?” If you’re asking yourself this question, HMRC has an online tool that can help you.
Equity release and Inheritance Tax – be careful!
Posted by Jon Pryse-Jones on March 17, 2025Equity release and Inheritance Tax don’t always go well together – sometime equity release can end up costing you more than your IHT bill.
Side hustle tax threshold to rise to £3,000
Posted by Karen Jones on March 13, 2025Government has announced the side hustle tax threshold will rise from £1,000 to £3,000. The only problem is that we don’t know exactly when!
HMRC and Companies House joint filing service to end
Posted by Mark Ingle on March 11, 2025HMRC and Companies House have announced their online joint filing service for company accounts and tax returns will end from March 2026.
Changes regarding ‘Basis Period Reform’ for self-employed
Posted by Karen Jones on March 10, 2025Details regarding the recent ‘Basis Period Reform’. If your accounting year is different to the tax year, this applies to you.
