Tax expert Meg Saksida FCA, CTA, TEP, considers the inheritance tax rules when making gifts for the maintenance of family, including exemptions and threshold limits
The court ruled that the taxpayer’s accountant being on furlough was not an excuse for a late appeal against a discovery assessment for capital gains tax (CGT) worth £49,000
The UK Endorsement Board (UKEB) has launched a campaign to recruit over 50 advisory group members to input into technical decision-making on international accounting standards
The number of completed mergers and acquisitions (M&A) deals sat at 77 in December which is the lowest level since the height of the Covid-19 pandemic in May 2020 which saw 58
Ryan, a global tax services and software provider based in the US, has acquired Catax, a research and development (R&D) and capital allowances tax reclaim specialist
In this week’s Q&A series, Kiya Jacobs, tax advice consultant at Croner Taxwise, explains whether principal private residence relief (PRR) is available when a property is held in trust and capital gains tax liability
As part of its action on International Women’s Day, the Association of Chartered Certified Accountants (ACCA) is calling for women to take a more prominent role in tackling the climate crisis while covid has improved work life balance across the profession but partner level positions still dominated by men
People working within an umbrella company will see a 2.5% increase on their National Insurance contributions (NICs) as they will have to pay for both the employee and employer levy
Three charity trustees have been banned after they were found to have spent thousands of the charity’s funds on haircuts, designer bags, foreign holidays, and concerts
The shackles preventing stakeholders from putting pressure on companies will soon be firmly off as winding up petition protections and rental support end, warn Matthew Padian, managing associate and Lucy Trott, PSL at Stevens & Bolton LLP
The Court of Appeal has rejected an appeal by two medical recruitment agencies which were arguing that VAT costs were refundable on commissions paid for staff placements
The Big Four accounting firms are pulling out of Russia with PwC, EY and KPMG cutting ties with their operations, with Deloitte confirming it will also withdraw
Former CFO of Redcentric plc, Tim Coleman has been sentenced to five and a half years in prison after he provided false accounting statements to auditors PwC to mislead investors
Accountants need to ensure that their client bases are not trading with sanctioned Russian companies and institutions as a result of the war in Ukraine, warns CCAB
The British Chambers of Commerce (BCC) has reduced its expected GDP growth in 2022 from 4.2% to 3.6% due to weakened expectations of business investment