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Offshore taxpayers offered chance to come clean

Offshore taxpayers offered chance to come clean

HMRC is currently writing to UK residents who were named in the leaked Pandora Papers and offering them the chance to regularise their tax affairs. The letters are being sent to UK residents named in the files of 14 offshore financial service providers.  During...
New powers for charities

New powers for charities

From 14 June 2023, the latest set of changes mandated by the Charities Acts 2022 came into force. Changes now in place include simplified legal requirements that charities must comply with before selling, transferring or leasing land, and new statutory powers to...
Tax exempt private medical costs

Tax exempt private medical costs

There is no requirement for employers to pay tax and National Insurance on certain health benefits covered by tax concessions or exemptions. For example, there is no requirement to report employees’ medical or dental treatment or insurance if they are a part of...
New life sciences growth package announced

New life sciences growth package announced

The Chancellor, Jeremy Hunt, has announced a new £650 million package of measures to help boost UK life sciences. The new ‘Life Sci for Growth’ package brings together 10 different policies including £121 million to improve commercial clinical...
Passport delays and applications

Passport delays and applications

A recent investigation by the House of Commons Committee of Public Accounts, in connection with the UK passport office, has found that hundreds of thousands of applicants faced unacceptable delays in receiving their passports. Following the removal of COVID-19 travel...