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Our latest news & views

We share up to date news and blog posts from the worlds of finance, business and tax. If you’d like to subscribe and receive quarterly email newsletters from us collating the most relevant blogs and articles, please scroll down and submit your email address.

Inheritance Tax and the New Family Home Allowance

In the last twelve months, families with recently deceased relatives have paid a record £5 billion in inheritance tax. This is an increase of 9 per cent on the previous year, which saw £4.7 billion paid to HMRC in IHT.Receipts for April and May 2017 were...

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Making Tax Digital Postponed

After facing overwhelming opposition from business owners and the accounting industry alike, Making Tax Digital will now be postponed for at least one year, potentially longer.Out of the 135 clauses in the Finance Bill 2017, seventy two have now been removed and will...

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Making Tax Digital

UPDATE: Due to the snap General Election held in June 2017, MTD has been postponed by one year and will begin from April 2019.Spring has arrived, and if you’re anything like me, you’re probably looking forward to a good spring clean.If so, you might be...

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Digital Tax Returns

The Chancellor of the Exchequer has announced that small businesses will be required to file quarterly tax returns from 2020, under HMRC’s new plans to digitise the tax system.Small business owners and self-employed professionals will be expected to submit a tax...

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Landlord Jailed for Tax Evasion

A landlord from Hampshire has been jailed after failing to declare capital gains tax of £157,725 from the sale of rental properties. Richard Fuller was jailed for two years and three months after an HMRC investigation found he hadn’t declared the profit...

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