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The future of two important personal taxes – inheritance and capital gains – has finally been clarified, simplifying aspects of year-end planning. The extended wait highlights the difficulty of changing useful revenue-raising measures in uncertain times. Four years ago, in January 2018, when there seemed to be both appetite and scope for reformation of […]
Latest HMRC figures show that the annual allowance continues to help fill its depleted coffers. The annual allowance is an important number in the pension world. It sets the maximum tax-efficient amount of total contributions in a tax year – from any source – that can be made to pension schemes for your benefit. […]
With Christmas and New Year behind us, tax year-end planning should now be on your radar. The 2021/22 tax year will end on Tuesday 5 April. This year there is no Spring Budget and Easter arrives on 15 April, so no obstacles stand in the way of year-end tax planning. Nevertheless, the sooner you start […]
A new support package has been announced to assist businesses impacted by the Covid-19 Omicron variant. Applications are open to the end of February, but many have said the measures don’t go far enough given the extensive losses suffered in the hospitality and leisure sectors over the festive period. Although no businesses were legally required […]
Family members of online daters urged to help protect their relatives from becoming a victim of romance fraud, as new figures show almost £92 million has been lost through dating scams in the last year alone. Daters who strike up online relationships between Christmas and Valentines Day tend to be the most susceptible to romance […]
The Value In Thinking Ahead Retirement is something most of us look forward to − particularly on a Monday morning. However, those thoughts are often little more than a whimsical cocktail of not having to work and prolonged holidays. The reality could be rather different, particularly if your retirement date is some way off. For […]