Inheritance TaxNews Tax on Property You Inherit Typically, inheriting property does not impose a tax liability on you as the recipient. Inheritance…CB Reid28/07/2023
Company Tax PlanningGrantsNews Government Introduces Find a Grant Service The Cabinet Office has launched a digital service for organisations to apply for government grants.…CB Reid25/07/2023
Individual Tax PlanningNews How to Claim the Marriage Allowance The marriage allowance presents an opportunity to transfer £1,260 of personal allowance between spouses or…CB Reid20/07/2023
Capital Gains TaxNews What Do I Need to Report if I Dispose of a Property? HMRC are keen to offer support to customers to ensure Capital Gains Tax (CGT) obligations…CB Reid13/07/2023
Individual Tax PlanningNews Inheritance Tax Burden and the Agricultural Sector There are two primary exemptions that can be applied to farmland to mitigate inheritance tax…CB Reid06/07/2023
National Insurance ContributionsNewsPensions NI Contributions Deadline Extended The government made an announcement this month granting taxpayers an extension until 5 April 2025…CB Reid30/06/2023
Capital Gains TaxCrypto CurrenciesIndividual Tax PlanningNews Crypto Currencies Calls have been made by MPs on the Treasury Committee for the government to classify…CB Reid15/06/2023
Estate PlanningIndividual Tax PlanningInheritance TaxNews Being 50+ and Unaware of Potential IHT Most taxpayers aged 50 and above, who have an inheritance tax (IHT) bill, are not…CB Reid05/06/2023
NewsSelf Assessment ComplianceTax Allowances SA Threshold Rises to £150,000 Starting from the 2023/24 tax year, the threshold for self-assessment (SA) for taxpayers who are…CB Reid02/06/2023
Company Tax PlanningIndividual Tax PlanningNational Insurance ContributionsNewsPensions Retirement Planning In last month’s newsletter we reminded you to review your National Insurance Contributions (NIC) in…CB Reid30/05/2023