With property prices expected to fall in 2023, parents may want to help their children onto the property ladder but their code be tax issues.
The government rejects proposals to cohabitation laws in England and Wales, leaving to individuals to arrange their financial affairs
Understanding the effects of fiscal drag can save you a pretty penny as it’s how governments pull more taxpayers into higher tax brackets.
The intricacies of VAT continue as marshmallows are the next to face scrutiny. Recent decisions sees VAT classification differ for different sized marshmallows creating the marshmallow VAT paradox.
The increased stamp duty relief for first time buyers has not been reversed by the new Chancellor, but it may not survive beyond the tax year.
One of the least expected announcements in the Chancellor’s recent Growth Plan was the rollback of the IR35 off-payroll working rules to the position prior to the 2017 and 2021 reforms, which is set to take effect from 6 April 2023.
The rise of mini umbrella company fraud continues to concern HRMC which has recently updated its guidance for businesses that either place or use temporary labour.
Although there is no general facility to contact HMRC by email, it is slowly moving into the 21st century by providing the option to receive an email response. But of course, this comes with a few conditions.
New data from HMRC show the Treasury’s inheritance tax (IHT) receipts have doubled since 2012/13. Source: HMRC. Of all the various taxes levied in the
New data from HMRC reveals there are now over six million people paying higher or additional rate tax in the UK.
The disposal of a private residence is exempt from capital gains tax (CGT) if used as a main residence throughout the period of ownership. A
Many individuals donate to charity simply for altruistic reasons, but this doesn’t mean the tax benefit should be ignored. With Gift Aid donations saving tax
