Massive increase in probate fees announced
28 February 2017 The government has decided to press ahead with a significant increase in probate fees, despite opposition from professional bodies and a formal consultation that produced a response that was overwhelmingly negative. The new fees will come into effect this May on a date yet to be announced.
General VAT planning points: February 2017
There are some very simple ways to ease your VAT cashflow or make the VAT rules work for you.
Tax Update, issue 51, Winter 2017
Our pre-Budget and year end tax planning issue of our Tax Update outlines several steps you can take to legitimately minimise your tax burden ahead of the 2017 Spring Budget and tax year end.
Draft legislation published in response to Making Tax Digital consultations
The issuing of the draft legislation is welcomed, bearing in mind the start date for MTD is 6 April 2018, but it appears that all the calls for a delay...
To dividend, or not to dividend – life insurance is the question
Despite a recent increase in dividend tax rates, the savings of NI compared to salaries mean that dividends are still an effective way of saving money.
Abolition of Class 2 NICs from April 2018
Originally announced in Budget 2016, the 2016 Autumn Statement confirmed that Class 2 National Insurance Contributions (NICs) will be abolished from April 2018
Leaving your affairs in order
5 January 2017 We have drawn up a simple guide to the things that you should consider if you wish to leave your affairs in order.
Happy New Year and some resolutions
3 January 2017 With what proved to be a very turbulent 2016 now behind us, it is an important time to make or refresh your plans for the future year ahead and beyond because, as with most things nowadays, there will likely be a tax consequence so early planning is essential.
Changes to HMRC’s free filing software for company tax returns
23 December 2016 HMRC is to replace the current free PDF filing software for company tax returns for unrepresented companies and charities with straightforward tax affairs with an online only system from April 2017.