With the hype in crypto and gains of many multiples on investments, reporting on tax returns is vital to avoid a run-in with HMRC, explains Danielle Ford, partner and head of tax disputes and resolutions at HaysMac
Confusing letters from HMRC caused a taxpayer ‘significant distress’ over a number of years with HMRC officer criticised for failing to give her clear calculations for tax owed
Farmers are not backing down on their opposition to inheritance tax charges on their farming properties, but now Price Bailey has warned of a ‘stealth tax on gifted assets’
Anyone who claims marriage allowance must follow a complicated process related to timing of filings when including the information on their self assessment tax returns
Low and middle earners in Scotland will benefit from increased tax thresholds from the new tax year in April 2025, but second home owners will be hit by tax hike
Upcoming changes to inheritance tax could deliver significant savings to British expats living in Portugal if they have been living outside the UK for a sizeable period
With the increase in employers’ national insurance from April 2025, employers have some options to mitigate the rise using pensions salary sacrifice, explains Alex Simpson, partner, and Oliver Bull, associate director at Evelyn Partners
Rupert Grint, famous for his childhood role in the Harry Potter films, faces £1.8m tax bill after HMRC rejected claim for entrepreneurs relief and 10% capital gains tax