An accountancy firm has lost an appeal against almost £60,000 of assessments into eight furlough claims made ‘in good faith’ after contracted payroll company did not send any documents to HMRC

Following the latest quarter percent cut in the base rate, HMRC will reduce late payment interest rate but not until late August

As unused pension pots enter the inheritance tax orbit, Oliver Smyth, director at YorWealth, explains the implications of the changes and potential tax mitigation options