The UK tax system is extremely complex. The tax legislation is voluminous and almost impenetrable in parts. There are many ‘grey areas’ resulting in uncertainty
Married couples (and civil partners) often own assets such as investment properties in joint names. For income tax purposes, those individuals are generally treated as
When someone dies, family members or friends may have the responsibility of dealing with the deceased’s estate. This may involve (among other things) applying for
Business property relief (BPR) is a valuable inheritance tax (IHT) relief. The rates of BPR are 100% or 50%, depending on the type of relevant
Business property relief (BPR) is a valuable inheritance tax (IHT) relief. The rates of BPR are 100% or 50%, depending on the type of relevant
Director’s loan accounts (DLAs) are a common feature in the financial statements of family and owner-managed companies in particular. HM Revenue and Customs (HMRC) is
The imposition of penalties by HM Revenue and Customs (HMRC) for non-compliance with statutory obligations such as filing tax returns or paying tax unfortunately seems
‘Get it in writing’ is common advice where (say) two parties are seeking a legally binding agreement. Contract settlements For example, this can apply when
Apparently, the ‘Doomsday Clock’, which measures the likelihood of a man-made global catastrophe, currently stands at two minutes to midnight. Fortunately, there’s a little more
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Tax Advisory & Consultancy Services Ltd
Pure Offices
Brooks Drive,
Cheadle Royal Business Park
Cheadle, SK8 3TD
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