Taking a DIY approach to will writing is risky from a tax perspective, especially when considering the distinction between between land and other assets in a partnership, explain Julie Butler, director and Libby James, associate at Butler & Co Alresford
From 1 May, taxpayers who have not yet filed overdue self assessment tax returns for 2022-23 will face an additional late filing penalty of £10 per day, up to a maximum of £900
HMRC has won a case at the First Tier Tribunal after Countrywide Partners Limited failed to overturn use of a scheme reference number as judge said it was a tax avoidance scheme
Over 80% of high net worth individuals are concerned about their finances with nearly two thirds considering moving overseas, with tax cited as the main reason to relocate
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