Articles in "Tax"

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.

HMRC will send Simple Assessment tax statements to pensioners in the next few weeks.

With the new Labour government promise to hit the ground running in the first 100 days of power, no time was wasted announcing their first tax changes.

Divorce can be one of the most difficult life events that an individual can face. With an estimated UK divorce rate of 42%, it is an area that we see increasingly often. The tax rules in connection with dividing up chargeable assets can be complex and must be considered prior to any financial order being agreed to protect against an unexpected tax burden.