Articles in "Tax"

HMRC has warned landlords to disclose their earnings on self assessment tax returns.

HMRC has warned taxpayers that the countdown to the self assessment deadline is now underway, with less than 100 days to go.

The extra costs of the increase in employers’ NICs could cause businesses to respond in ways the government did not intend, the Chartered Institute of Taxation (CIOT) has warned.

Taxpayers only have until 5 April 2025 to make voluntary National Insurance (NI) contributions for missed contributions dating back to 2006.

The sale of your business to an Employee Ownership Trusts (EOTs) can be a tax free transaction if structured correctly. Given the potential changes to Business Asset Disposal Relief (BADR) this could be a more attractive proposition from a tax perspective.

Rachel Reeves delivered her first Budget as Chancellor of the Exchequer on 30 October 2024. The Budget aims to deal with the £22 billion ‘black hole’ in public finances whilst restoring stability and rebuilding public services.

Capital gains tax seems certain to be more onerous after the forthcoming Budget, says Mary Schofield.

Reform of inheritance taxation in the Budget seems a distinct possibility, says Kevin Bunting, managing partner at Lovewell Blake.