OUR LATEST INSIGHTS

Blog16th Sep 2014

Inheritance tax on trusts: finding the right balance

After a period of uncertainty, the latest news about inheritance tax on trusts may be a little more positive. It’s still important to look at the detail carefully with your professional advisers though.

Blog5th Sep 2014

Benefits in Kind – Is Change Coming?

In the 2014 Budget, the Chancellor announced that the government would launch various consultations including one on employee benefits in kind and expenses, in response to the recommendations of the Office of Tax Simplification (“OTS”).

Blog4th Sep 2014

Accelerated Payment Notice (“APN”) Regime

The Finance Act 2014 introduces new tax legislation allowing HM Revenue & Customs (“HMRC”) to issue a demand for an accelerated payment of tax they believe to be due: Accelerated Payment Notice (APN). The effect is to oblige the taxpayer…

Blog3rd Sep 2014

Share Awards – All change for Internationally Mobile Employees

In a move to simplify the tax treatment of share awards, the Chancellor confirmed in March’s Budget that changes are on the way for internationally mobile employees who change countries between the grant and vesting of share awards.

Blog2nd Sep 2014

Inheritance Tax (“IHT”) Simplification

On 6 June, the Government announced a third consultation on simplifying Inheritance Tax charges within relevant property trusts.

Blog1st Sep 2014

Think you’ve sorted auto-enrolment? Think again…

Many businesses and their employees are aware of the legislation surrounding auto-enrolment for pensions. Indeed, the ‘staging’ dates for bigger companies have already come and gone, so quite a few lessons have been picked up along the way. Perhaps your…

Blog1st Sep 2014

Implementation of a Capital Gains Tax Charge on Non-UK Residents

In his 2013 Autumn statement, the Chancellor confirmed the intention to extend the scope of UK Capital Gains Tax (“CGT”) to include the disposal of UK residential property by non UK residents.

Blog28th Aug 2014

Realtime collaboration: the sky’s the limit with Cloud computing

Whether we’re simply storing music and photos, checking our bank account or working on more advanced business applications, most of us will have some experience of using the ‘Cloud’. Rather than storing data on PCs in our home or office,…

Blog28th Aug 2014

HM Revenue & Customs Targeting Overseas Investments

It is no secret that HM Revenue & Customs (“HMRC”) have been targeting UK residents with overseas bank accounts and investments. Further proof of this has recently been revealed in the HMRC “no safe havens” document which outlines their strategy,…

Blog25th Aug 2014

Twice the Tax Saving

Pensions have always been regarded as one of the most tax efficient ways of extracting profits from a business, but many entrepreneurs have avoided going down this route because of the perceived lack of flexibility in accessing the money once…

Blog22nd Aug 2014

Keep it in the family: planning your business for the next generation

Business coverage in the press often focuses on large multinationals and publicly-listed companies, but the reality is that most firms are family owned. Although the failure rate for new enterprises can be high in the early days, once a family…

Blog12th Aug 2014

The dividend that comes with sensible remuneration planning