5th of April will mark the end of the current 2021/22 tax year and it is therefore important, at the current time, to review an individual’s business and taxation affairs while there is still an opportunity to do so. Outside of taxation considerations, we would...
Powers have been given to HMRC so that it can maximise revenue and clamp down on tax evasion and avoidance. What is the difference between evasion and avoidance? Evasion is illegal Avoidance is not advisable but not illegal Tax planning is allowable The blurring of...
As the end of the 2021/22 tax year is approaching, there are a number of different things that you could consider. These need to be actioned before 6 April 2022:- Marriage Allowance Where the lowest earning spouse earns less than the personal allowance (£12,570 for...
An introduction to Inheritance Tax (IHT) presented by Lucy Orrow – Senior Tax Manager at Lambert Chapman LLP. Could your Executors be at risk of paying 40% tax on your estate? In this webinar recording, Lucy takes us through the current IHT rules in the UK along with...
On 30 November 2021, the Government released a number of documents and consultations giving a first look at proposals intended to be considered in the coming months and years. One of the major areas in which decisions were made was for Capital Gains Tax. The Office of...