Should I advise my client to declare income?
My client and her brother are entitled to half shares in the residue of the estate of their late mother, who died in October 2020.
The solicitors who...
The number of prosecutions for tax crimes has hit a three year high of 300 in the year to 30 September 2024, up 19% from 252 in the previous year, according to statistics from HMRC.
The figures show...
In last month’s Budget, the government announced some updates to the proposals to mandate the reporting of benefits in kind through payroll software from April 2026. HMRC has confirmed the main...
HMRC has decreased interest rates for late payments for most taxes, after the Bank of England’s decision to reduce the base rate to 4.75%.
From 18 November 2024, the rate for late paid...