Taxation of US pension arrangement for UK tax residents
For US citizens and former US residents now living in the UK, the taxation of US pension arrangements can be challenging and an area of tax law where incorrect assumptions are easily made.
Inheritance tax giving
Inheritance tax (IHT) is extremely topical with significant changes made (and still being made) in recent years.
Pensions and Inheritance Tax: A Major Change from April 2027
Pensions have historically enjoyed a special status in inheritance tax planning.
Foreign Branch Exemption: What the New HMRC Rules Mean for International Businesses
Businesses operating overseas through branches rather than subsidiaries should be aware of a significant change announced by HM Revenue & Customs (HMRC) that will affect the UK corporation tax treatment of foreign permanent establishments (PEs), often referred to as foreign branches.
HMRC mileage rate increased to 55p
The headline approved mileage rate has increased to 55p per business mile for the first 10,000 miles, with effect from 6 April 2026. For each business mile over 10,000 miles, the approved mileage rate remains at 25p per business mile.
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 June 2026.
The inheritance tax trap: What families need to know
Inheritance tax is often thought of as fairly straightforward: once you exceed the available allowances, tax is charged at 40%. In reality, the position is more complicated, particularly once an estate approaches £2 million.
HMRC campaign places directors' loans in the spotlight
A recent HMRC nudge letter highlights an overlooked aspect of director’s loan accounts and their repayments.