by Ruth Clark | Aug 27, 2025 | Tax
Inheritance tax (IHT) is often called the UK’s most unpopular tax, and it’s back in the spotlight ahead of the Autumn Budget. Proposals being discussed include introducing a lifetime cap on the value of assets that can be passed on and revisiting the rules for gifts....
by Ruth Clark | Aug 20, 2025 | HMRC, Tax
HMRC is encouraging people to check that any email purporting to be from the taxman is genuine before you make any effort to respond and potentially fall foul of a phishing or other fraudulent email scam. It has created a page that allows you to check what emails HMRC...
by Ruth Clark | Aug 13, 2025 | Uncategorised
Small employers thinking of using a salary advance scheme to support the financial wellbeing of their employees should be fully aware of how they work before using them, the Low Incomes Tax Reform Group (LITRG) is warning. These schemes, which are also known as Earned...
by Ruth Clark | Aug 6, 2025 | Uncategorised
Pension reforms proposed by the Institute for Fiscal Studies (IFS) in partnership with the abrdn Financial Fairness Trust aim to help move the UK’s pension system towards one fit for future generations. The proposals have been released ahead of the Government’s own...
by Ruth Clark | Jul 31, 2025 | HMRC, Tax
Around 600,000 late-filing penalties have been paid to HMRC in the last five years by some of the lowest earners in the UK despite them not owing any tax, according to Tax Policy Associates. Missing the filing deadline of January 31 for a self-assessment tax return...
