Publications

With continued speculation of what tax changes the Budget on 26 November might bring, it is probably a good time to review your pension planning to make sure you are making as much use of your allowances as possible

Tax-efficient gift-giving is an essential aspect of estate planning that can significantly reduce your inheritance tax liabilities while benefiting your loved ones. We outline some helpful tips.

One area that is often misunderstood is the tax implications of investing in cryptoassets. If you think this may apply to you then it is important that you tell HMRC before they contact you.

In one of its latest nudge letters, HMRC is writing to certain individuals who it has identified as having significant control over a company, to check if they have declared all of their income and gains for the tax year ending 5 April 2024.

With interest rates having risen significantly in recent years, many individuals are now earning savings income that exceeds their Personal Savings Allowance (PSA). If this applies to you it is important to be aware that the responsibility to report and pay any tax due lies with you.

It is important at this time of year to not overlook the filing deadline for any forms P11D that may be required to report certain benefits and expenses provided to employees in the tax year ended 5 April 2025.

Changes to National Insurance rates and thresholds have come into effect from 6 April 2025, as well as changes to the National Minimum Wage. Both these measures will potentially be very costly to businesses, so it is important to be fully aware of the implications and the changes introduced.

Chancellor Rachel Reeves delivered her Spring Statement on Wednesday 26 March 2025. Read our report of the main announcements.

HMRC are sending “nudge letters” to individuals who they believe may not have made full disclosure of their taxable income and/or gains. One area that is often misunderstood is the tax implications of investing in cryptoassets. If you think this may apply to you then it is important that you tell HMRC before they get to you.

As the end of the 2024/25 tax year approaches on 5 April, it is a good time to review your affairs, making the most of opportunities to maximise your income and minimise your tax.

HM Revenue & Customs has urged taxpayers to be alert to scams. As many people are filing their Tax Returns around this time of year, fraudsters can try to take advantage of this by attempting to contact taxpayers asking them to disclose personal information. Over the past year, nearly 150,000 scam attempts were reported. Don’t be one of the statistics!

As 2024 draws to a close, many employers will be looking for ways to reward their teams’ hard work. But how can you do that in a tax-efficient way that benefits both you and your employees? Let’s take a look at the main tax considerations to bear in mind.