News Team on 05/01/2022
Research has revealed that parents with more wealth to pass on are more likely to split their assets unequally between their children.
Christopher Marchant on 23/11/2021
Figures from HMRC show that inheritance tax (IHT) receipts for April 2021 to October 2021 are £3.6 billion, which is £600 million higher than in the same period a year earlier.
News Team on 27/10/2021
HMRC has confirmed it will begin issuing “nudge” letters to cryptocurrency investors which are often a precursor to the launch of tax investigations.
News Team on 14/10/2021
New analysis by London lettings and estate agent, Benham and Reeves, has revealed that in the last 25 years, the cost of stamp duty has increased by 490 percent for the average homebuyer.
Will Sidery on 30/09/2021
With Rishi Sunak set to deliver the UK government’s Autumn Budget statement in a month (27 October), Nigel May, a tax partner at accountancy firm MHA, believes the Chancellor will be reluctant to introduce major tax bombshells.
Katie Royals on 04/08/2021
HMRC has shut down its specialist unit focused on Family Investment Companies (FICs) after it found no correlation between usage and non-compliant behaviours.
News Team on 09/06/2021
Investigative news outlet ProPublica has claimed to have obtained a “vast cache” of tax information, showing how much tax US billionaires pay.
News Team on 19/04/2021
More British expats will be given the right to vote in UK elections under government plans. However, tax and advisory firm Blick Rothenberg have warned that this may come with a “tax sting in the tail”.
Katie Royals on 24/03/2021
No one was quite sure what to expect from “tax day” in the lead up to 23 March. At face value, those who didn’t get too excited about it appear to have been proved right. However, there’s a lot of information hidden in the detail of various consultations that could shape tax policy for years to come.
Here’s what caught the private wealth industry’s eye.
Suddenly it is spring and it’s Budget time again, writes Katharine Arthur.
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