INHERITANCE TAX Inheritance tax may seem daunting, but it presents an opportunity to take proactive steps to safeguard your wealth and provide for future generations. How does it work? Most commonly, it is a 40%...
THE CHANCELLOR’S SPRING STATEMENT Despite a cut in the OBRs growth forecast, tax announcements were very limited in Rachel Reeves’ Spring update this week. There were however a few mentions from HMRC including a new focus...
CHRISTMAS PARTIES & ENTERTAINING Are you holding a Christmas Party for your staff? It may be possible for this to be exempt from tax, provided the total cost per head (food, drink...
Now that Chancellor Rachel Reeves has delivered the first budget of this Labour parliament, we take a brief look at the main announcements below. INCOME & EMPLOYMENT National Minimum Wage Announced the...