by Admin | Mar 24, 2022 | Inheritance Tax
We wanted to remind our readers of the Inheritance Tax (IHT) implications of making cash gifts during the current 2021-22 tax year that will end on 5 April 2022. You can give away up to £3,000 worth of gifts each tax year. This is known as your annual exemption....
by Admin | Mar 23, 2022 | Budget Summary
The Chancellor, Rishi Sunak, has delivered his Spring Statement to the House of Commons against a backdrop of a growing cost of living crisis. The Chancellor also stressed that, apart from the untold human suffering, the Russian invasion of Ukraine is creating further...
by Admin | Mar 17, 2022 | Stamp Duty Land Tax
Stamp Duty Land Tax (SDLT) is a tax that is generally payable on the purchase or transfer of land and property in England and Northern Ireland. It is also payable in respect of certain lease premiums. You may also need to pay SDLT when all or part of an...
by Admin | Mar 17, 2022 | Employee Benefits
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference between the interest the employee pays, if any, and the commercial rate the employee would have to pay on a loan obtained elsewhere....
by Admin | Mar 17, 2022 | Corporate Governance & Regulation
There are late filing penalties which are designed to encourage companies to file their accounts and reports on time. All companies, private and public, large or small, trading or non-trading must send their accounts to Companies House. There is also an online...
Recent Comments