Reading the start of the Policy Paper trumpeting the cancellation of the intended increase in the headline rate of corporation tax from 1 April 2023, if you hadn’t lived through the surreal last month or so, you would assume that when Liz Truss became Prime Minister...
The Autumn Statement introduced by our new Chancellor, Kwasi Kwarteng, has provided some headline changes for individuals. It was announced yesterday that the increase in employees’ and employers’ national insurance is being reversed from 6 November, so next month’s...
In these current economic times of high inflation and increased uncertainty around the squeeze on household incomes – imagine if your business is involved in the farming industry. Where the business focus is in food production, food prices are not just something...
Following our previous article (Update to the trust Register – July 2021) and Katy Stables’ recent update regarding the registration of non-taxable Trusts (Deadline for registering with the Trust Registration Service – Aug 2022), the deadline of 1...
We are seeing a high number of HMRC ‘nudge’ letters being issued, suggesting that rental income from property has not been correctly reported. HMRC are obviously getting this information from somewhere as many of the approaches made to us have been from landlords...
Following changes made to the UK’s anti money laundering laws and implementation of the Fifth Money Laundering Directive, all express trusts must now register with HMRC’s Trust Registration Service (TRS). An express trust is a trust that has been deliberately created....