The risks of a tax investigation
Will HMRC come knocking on your door? It’s a fact – humans are bad at assessing risk. We’re terrified of things that rarely happen (plane
Changes to probate in 2019
Controversial fee increase set to take place from April. From April 2019, some estates in England and Wales could be required to pay almost £6,000
Tax Card 2019/20
Tax Card 2019/20 TAXABLE INCOME TAX BANDS AND RATES 2019/20 2018/19 Starting rate* of 0% on savings up to £5,000 £5,000 Basic-rate band £37,500
R&D investment grows to £23.7bn in 2016/17
Businesses in the UK spent £23.7 billion on research and development (R&D) in 2017, according to the latest data from the Office for National Statistics
OTS calls for inheritance tax system to be digitised
The Office for Tax Simplification (OTS) has urged the Government to implement a digital system for inheritance tax, following complaints the current form-filling system
Critics urge delay in rollout of MTD
Leading tax bodies have joined the House of Lords in calls to delay the introduction of Making Tax Digital (MTD) for all taxes, less than
Outsourcing payroll
Does it make sense for your business? Around 1.4 million businesses in the UK employed members of staff in 2018, and all of them shared
Businesses getting to grips with apprenticeship levy
Businesses are finally beginning to understand the apprenticeship levy, after previously voicing serious concerns over its complexity and lack of flexibility. The apprenticeship levy
National insurance planning
Obligations and opportunities. National insurance contributions (NICs) are set aside to pay the state pension and other benefits, but due to the UK’s ageing population
Higher-rate earners hit by national insurance rise
Individuals set to benefit from an increase to the higher-rate threshold in 2019 will only see half of the tax reduction expected, as a result
