With the next general election looming ever faster on the 4th July, the topic of pensions has been of high concern and discussion. State and private pensions make up the vast majority of
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From 3 March 2024, Companies House expects to enact its new powers under the Economic Crime and Corporate Transparency Act to query information provided to its Register. You can expect: Stronger checks on
How Inheritance Tax works Inheritance Tax is one of the most hated taxes in the UK. We explain how it works, whats applicable and how to avoid or reduce paying it. It
Car Tax - another unexpected rise that’s gone under the radar, increased on 1st April 2024. The Spring Budget statement last month that fuel duty would remain frozen for a fourteenth consecutive year - and
As of 8th April, there has been an 8.5 per cent increase to state pensions, making the new headline rate £221.20 a week - up £902 a year to around £11,500. Chancellor Jeremy
Spring Budget 2024 On Wednesday 6 March, chancellor Jeremy Hunt delivered his Spring Budget 2024, only three and a half months after his Autumn Budget 2023. He presented updated forecasts from the
How to register for payrolling benefits and expenses If you’re intending to payroll benefits and expenses, you must register them with HMRC using the payrolling employees taxable benefits and expenses online service. You must do this
Policy objective The main objective of the diverted profits tax is to counteract contrived arrangements used by large groups (typically multinational enterprises) that result in the erosion of the UK tax base.
HMRC have announced a package of measures intended to simplify and modernise the tax system. These include mandating the payrolling of Benefits In Kind, from April 2026, and allowing parents who do
What Is It? A diminishing shared ownership agreement is also a means of purchasing an asset without the use of a loan, but in this case ownership of the asset will only pass
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