HMRC warning on Entrepreneurs’ Relief tax avoidance scheme
New guidance has been issued by HM Revenue & Customs concerning a recently discovered capital gains tax avoidance scheme. HM Revenue & Customs has identified a scheme that attempts to exploit Entrepreneurs’ Relief by turning income into a capital gain,…
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Inheritance Tax: New survey indicates that 15% intend to spend everything before they die
A new survey of Gransnet and Mumsnet users over 50 reveals that 73% consider inheritance tax to be a form of double taxation – and 42% think it should be abolished outright. 55% say they think inheritance tax should be…
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Inheritance Tax Case of the Year?
The Supreme Court will hear an already well-known case relating to an inheritance dispute involving major animal charities on December 12. This ruling is seen by many as a source of encouragement to adult children who have been left out…
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The Autumn Statement: Tax Incentives
The government will publish its Autumn Statement on 23 November 2016. UK corporation tax rates are unlikely to decline to the 15% level proposed by George Osborne but, whatever one’s views on the recent referendum, Brexit may mean that the…
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