While most of us invest a lot of time and thought about how to improve our finances, we do not tend to spend quite as much time looking at how our finances can improve our lives. But research is showing … Continue reading
Huge fines for employers stalling workplace pensions
Around 800,000 small businesses are yet to enrol into the Government’s flagship pension scheme, new figures have revealed.
Rules on directors’ tax returns are not as clear you might think
According to the gov.uk guidance, a director must register for self-assessment (SA) and send a personal SA tax return to HM Revenue & Customs (HMRC) each year.
Opposing HMRC penalties on grounds of ‘reasonable excuse’
Recent reports have shed light on some of the most unusual cases where self-assessment taxpayers have managed to successfully appeal late filing and late payment penalties issued by HM Revenue & Customs (HMRC).
The Inheritance Tax main residence additional nil-rate band
A new additional nil-rate band of £100,000 for Inheritance Tax (IHT) on main residences, when bequeathed to a direct descendent, came into effect at the start of the new tax year in April 2017.
