Inheritance tax idea
Using loans to reduce inheritance tax liability.
A large inheritance tax bill is likely when my client dies and he has suggested that he reduces the net value of his estate by...
HMRC has admitted a security breach that has resulted in nearly 18,500 late filing penalty notices for 2019-20 being sent to the wrong address.It became aware of the problem after reports from...
The Treasury and HMRC have a ‘limited understanding of the environmental impact’ of taxes, and were unable to explain ‘how the tax system is used in achieving the government’s...
A total of 3,777 businesses have voluntarily repaid over £760m in furlough grants to HMRC which they did not need, according to UHY Hacker Young. The firm says it is likely that many of these...
The rise of the sharing and gig economy, powered by digital platforms, has raised concerns over whether existing VAT and GST frameworks are capable of protecting revenues.In response, the Organisation...
New regulations require pension payers to report to HMRC specified types of non-taxable payments using real time information. The payer - the employer – will have to report payments made after...