The Inheritance Tax (IHT) threshold has remained £325,000 for many years. But the hike in property prices means that an increasing number of estates are becoming liable for IHT. From 2017, the government introduced a [...]
HMRC have tax reliefs set up for people who are required to work from home. And during the COVID-19 pandemic, the number of eligible taxpayers has rocketed. But HMRC haven’t recorded a significant increase in [...]
Google tells its thousands of advertising customers that they will be paying extra for ad space on YouTube and Google from November 2020. The UK's new Digital Services Tax comes into practice this year and [...]
In April 2021, the new charge for single use carrier bags in English shops will double to 10p and it will apply in all shops regardless of size. Wales, Scotland and Northern Ireland all have [...]
The Coronavirus Job Retention Scheme (CJRS), or furlough scheme, was a short term solution to the COVID-19 lockdown. It was never a long term fix. Its main aim was to help businesses and their employees [...]
Well we know it’s not a good thing, as it’s uttered in such solemn tones – but what does ‘being in a recession’ actually mean? A little bit of economics When a country’s economy is [...]
There is a significant rise in the number of HMRC investigations into football players and agents. This is the result of research done by chartered accountants UHY Hacker Young. HMRC have found there are a [...]
A DVLA study shows the level of car tax avoidance in each post code of the UK. Moneybarn, the car finance company, made Freedom of Information request to the DVLA and the results make for [...]
Due to the COVID-19 emergency, HMRC pushed back the consultation period deadlines on most other policy proposals. Now some of the revised deadlines are coming round. HMRC wrote to industry organisations last week to remind [...]
HMRC have announced a consultation period for new proposals aimed at making it safer to buy financial products and ‘cryptoassets’. This is the government’s term for what is otherwise known as ‘cryptocurrency’, like Bitcoin and [...]
