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LATEST TAX NEWS

November 2024

• As Budget day inches ever closer, one of the leading topics at the heart of speculation continues to dominate the headlines. Namely, Capital Gains Tax (CGT)....Read more
• Gifting rules look like they could be a target as one of several options to reform Inheritance Tax (IHT) and raise extra revenue for the Treasury. As speculation builds around potential changes to IHT in the upcoming Budget, many tax commentators are expe...Read more
• Anyone who earned between £100,000 and £150,000 in the 2022-23 tax year should have received a letter from HMRC regarding changes to the requirements to fill out a Self-Assessment Tax Return for 2023-24....Read more
• New rules for businesses surrounding submitting data about employees' hours through the tax system are to be delayed by a whole year, HMRC has announced....Read more
• Q: I own some agricultural properties that I hope to pass on to my sons when the time comes, but I’ve heard that there might be changes in the upcoming Budget. What are the current rules for Agricultural Property Relief on Inheritance Tax, and what might ...Read more
• 1 November onwards – more details of Treasury’s Budget papers expected to be published....Read more
• Significant changes to Employers' National Insurance Contributions, Capital Gains Tax and Inheritance Tax were among the headline announcements in today's Budget....Read more

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