OUR LATEST INSIGHTS

Blog18th Jun 2024

Taxing Times In The Election Campaign

Last week marked a key milestone in the race for Number 10, with many of the major political parties releasing their manifestos for the next term of Government. Each of the parties’ fiscal projections includes plans for various tax rises…

By Blair Hay

Blog7th Jun 2024

Keeping a Cool Head During Election Fever Will Pay Dividends

Politicians up and down the land are currently pounding the campaign trail, following the Prime Minister’s shock announcement of a General Election of 4th July. The sense of impending change is inevitably unsettling for many, particularly as the election of…

By Paula Fraser and Blair Hay

Blog30th May 2024

High Income Child Benefit Charge: What Are The Changes?

Touted as a victory for thousands of UK families, the rules on the High Income Child Benefit Charge (HICBC) have been updated. This blog outlines the changes below and explains how this may affect you.  what were the High-Income Child…

By Tracy McGarry

Blog26th Apr 2024

Non-Dom Tax Changes – Navigating The ‘Tax Twilight’ Zone

Updated: 3rd June Rarely has the concept of non-UK domicile status and its impact on how an individual is subject to tax in the UK been in the headlines so much as in recent years. This is in part due…

By Gunhild Dam

Blog6th Apr 2024

Are The Goalposts On Salaried Member Rules Moving?

What are salaried member rules? The salaried member rules for Limited Liability Partnerships (“LLPs”) were introduced in 2014 to ensure only those members who held a genuine ‘partner’ role were taxed as self-employed individuals, such that those with arrangements closer…

By Jill Walker

Blog3rd Apr 2024

Navigating the End of the ‘Furnished Holiday Let’

The number of Furnished Holiday Lets (FHLs) in the UK has increased in recent years, driven by the ever-growing popularity of UK ‘staycations’.  However, Jeremy Hunt announced in the 2024 Spring Budget that the Furnished Holiday Letting regime will be…

By Carol Edwards

Blog7th Mar 2024

Non-dom tax status abolished – but this softens the blow

Updated: 3rd June For someone who has been working in tax for several years, non-domicile tax status and the UK tax breaks this provides has always been a controversial tax policy, no matter what government has been in power and…

By Lynn Gracie

Blog7th Mar 2024

Spring Budget Commentary From Paula Fraser

In yesterday’s Spring Budget, Chancellor Jeremy Hunt unveiled a series of tax reforms which will significantly alter the UK’s fiscal landscape. One of the positive changes will see National Insurance contributions for employees decreasing from 10% to 8%, which will result…

By Paula Fraser

Blog5th Mar 2024

Why you should top up your pension fund before April 5

Any financial advisor will tell you it’s never too early to start paying into your pension fund, but what many don’t necessarily appreciate is the significant tax savings that can be made whilst also building a secure plan for retirement.…

By Lynn Gracie

Blog21st Dec 2023

2023 Business Unit Year In Review

Oxford recently released their word of the year for 2023 and it was “rizz”. If we had to pick a word for our year it would be ‘growth’. You might have heard us talk about our growth journey a time…

Blog20th Dec 2023

Scottish Tax Rates 24/25: Higher Earners Face Soaring Rates

The Scottish 24/25 Budget introduces significant changes that will impact higher earners across Scotland. As tax rates soar for those in higher income brackets, the new budget reflects the Scottish Government’s focus on addressing economic challenges and funding public services.…

By Carol Edwards

Blog15th Dec 2023

Tax Domicile is for life – not just for Christmas!..or is it… ?

With Christmas just around the corner, many people’s minds will be turning to Christmas dinner with the family, and perhaps the presents they may receive.  But, unlike some of those presents, a person’s domicile position isn’t just for Christmas –…

By Lynn Gracie