by Gary Woosey | Sep 24, 2024 | Blog
In our latest blog, we continue our look ahead to the 2024 Autumn Budget and how it could affect taxpayers. Today, we turn our attention to Inheritance Tax (IHT) and explore the potential changes that might arise from the Chancellor’s announcements. IHT receipts in...
by Gary Woosey | Sep 17, 2024 | Blog, SME, SMEs
The burden on small and medium-sized enterprises (SMEs) is already quite heavy due to the current economic climate, but it may worsen in the coming months, with potential changes to Capital Gains Tax (CGT) being considered in the October Budget. If CGT is aligned...
by Gary Woosey | Sep 9, 2024 | Blog
Making financial gifts during your lifetime is a thoughtful way to provide for your loved ones while also reducing your estate’s exposure to Inheritance Tax (IHT). One often overlooked but effective approach is using surplus income to make these gifts. Over time, this...
by Gary Woosey | Sep 3, 2024 | Blog
As we approach the Autumn Budget on 30 October, speculation is rife about potential changes that could impact taxpayers across the UK. Over the coming weeks, this series of blogs will look at areas of tax that might be affected by the Budget, and the ‘what ifs’ that...
by Gary Woosey | Aug 27, 2024 | Blog
You may have recently received correspondence from HM Revenue & Customs (HMRC) asking you to check if you need to pay the High Income Child Benefit Charge and to double-check the amount if you have already paid. If you or your partner earned more than £50,000...
by Gary Woosey | Aug 20, 2024 | Blog, HMRC
It is the time of year when the job market is populated with new graduates, fresh from receiving their university results, and a great time for your business to pick out a talented new hire. Hiring recent graduates is a great way to inject new ideas and energy into...