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Tax return for deceased person

Inheritance Tax (IHT) impacts estates over £325,000, with rates of 40% on death and 20% on certain gifts. A 36% ...

January 16, 2025 / Inheritance Tax

Payrolling employee benefits

Employers can voluntarily register to report and account for tax on certain benefits and expenses via the RTI system before ...

January 16, 2025 / Employee Benefits

Tax-exempt employee loans

Beneficial loans, where employees benefit from cheap or interest-free loans from their employer, can trigger tax implications. However, certain exemptions, ...

January 16, 2025 / Employee Benefits

Online information about a company

A significant amount of online information about companies is available to the public on the Companies House website. The information ...

January 16, 2025 / Corporate Governance & Regulation

Selling online and paying tax

Selling online? Whether it’s a hobby or a business, you may need to pay tax if your earnings exceed £1,000 ...

January 16, 2025 / HMRC notices

Penalties for late filing of tax returns

HMRC reports over 63,000 taxpayers filed their returns over the New Year, but 5.4 million still need to act before ...

January 16, 2025 / Income Tax

Beware the legal minefield of the transferring of contractual undertakings

A recent case [London United Busways Ltd. (LUB) v De Marchi and Abellio London [2024] EAT 191] revealed the complexities ...

January 14, 2025 / Employment Law

Roll-out of new digital markets regime

The UK's Competition and Markets Authority (CMA) has initiated its new digital markets competition regime, effective from January 1, 2025, ...

January 13, 2025 / Business

Ticket touts’ days are numbered

The UK government has unveiled a series of proposals aimed at curbing exploitative practices in the ticket resale market, seeking ...

January 13, 2025 / General

Is your trade in goods or services a business

Selling goods or services? It’s vital to know if HMRC considers this a business. From regular sales to earning commissions, ...

January 9, 2025 / Income Tax

Tax relief for zero emission cars and electric charge points

Great news for businesses! Tax relief on zero-emission cars and EV charge points has been extended until 2026. This move ...

January 9, 2025 / Corporation Tax

Future increases in CGT on sale of a business

Planning to sell your business or shares? Capital Gains Tax rates for Business Asset Disposal Relief (BADR) are set to ...

January 9, 2025 / Capital Gains Tax

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