Whether a taxpayer is making a lifetime transfer or an item is in their death estate, the related property rules must be considered and there are potential tax traps, warns Meg Saksida
In this week’s Q&A, Croner Taxwise VIP advisor, Elaine Wood, considers the tax implications of personal contributions, claiming relief, and the lifetime and annual allowance charges
The new tax year starts on 6 April with a number of tax changes that will affect personal finances. As the 2021-22 tax year draws to a close, Stevie Heafford, tax partner at HW Fisher outlines the 10 key changes
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates for PAYE cheque payments, VAT quarterly instalments, and Making Tax Digital (MTD)
The introduction of new business competency tests for farmers will put pressure on the accountancy profession as they try to prove compliance, warns Julie Butler FCA, founder of Butler & Co
With a week to go to the end of the tax year it’s time to get your tax affairs in order making sure that you claim what you are allowed and making provisions for the future, advises Blick Rothenberg
Working parents could get up to £2,000 a year to pay for regulated childcare, including holiday clubs and out-of-school activities in the Easter holidays, available every quarter
Chancellor Rishi Sunak defended his Spring Statement yesterday calling his measures ‘progressive’ and that his income tax cut announcement was to ‘give a sense of direction’
The tax burden is the highest since the 1950s with the rise in the national insurance threshold from July only providing a slim benefit for taxpayers, despite announcements at the Spring Statement
Addressing the energy crisis, the Chancellor set out plans to remove VAT from investment in solar panels and heat pumps, but stopped short of offering grants
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