Lords call for extension to six-month deadline for inheritance tax on unused pension pots saying plan caused ‘avoidable anxiety and costs’ due to ‘lack of proper consultation’
HMRC issues warning phone lines closed on self assessment deadline day as over three million taxpayers still need to submit tax returns and pay outstanding tax bills
Caroline Foulger, partner at Hunters Law considers the impact of the 2% increase in property income tax rates from April 2027 and compares the tax position for residential landlords if incorporation is taken
Leading tax and accountancy bodies issue guidance on ethical use of artificial intelligence (AI) in tax work stressing importance of client transparency and disclosure about usage
Millions risk missing out on pension tax relief if they are higher rate taxpayers and do not file a self assessment tax return or use HMRC online claim service
Changes to capital gains tax, business asset disposal relief and employee ownership trusts all add to the tax issues when planning a business exit, says Chris Spratling, founder of Chalkhill Blue
Lucy Mangan, partner and head of tax at Menzies, looks at the major changes coming down the track as the major overhaul of income tax reporting and shift to in-year reporting under Making Tax Digital signals a new world for taxpayers with multiple income streams
Federica Grazi, founder of Mitos Relocation Solutions, looks at the best options for Brits looking to retire abroad from entry and exit taxes to property, capital gains and inheritance tax
In this week’s Q&A, Alexander McCarthy, advisor at Croner-i VIP tax team, explains the ins and outs of structures & buildings allowance (SBA) and qualifying expenditure on renovation or conversion of existing building