by superadmin | 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 superadmin | 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 superadmin | 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...
by superadmin | Jul 2, 2025 | HMRC, Tax
The Government’s new Pension Schemes Bill is expected to make it easier for millions of people to manage their pensions, by improving returns, and combining smaller pension pots to create bigger and better pension funds. The benefits of combining smaller pension pots...
by superadmin | Apr 22, 2025 | HMRC, Tax
With the clock ticking toward the April 2026 deadline, many self-employed individuals, landlords, and small business owners are trying to make sense of what Making Tax Digital for Income Tax (MTD IT) really means. This guide offers comprehensive answers to the most...
by superadmin | Apr 2, 2025 | HMRC, Tax
Around 1.1m of us missed the January 31 deadline to file our self-assessment tax returns for the 2023/24 tax year. For each person, this means at least a £100 penalty and potentially additional charges if the return continues to not be filed or the tax due paid for a...