Chartered Accountants and Business Advisers in Bedfordshire, Cambridgeshire and Hertfordshire
For separating or divorcing spouses, HM Revenue & Customs (HMRC) has announced important changes to Capital Gains Tax rules relating to transfer of assets. Currently, assets transferred between cohabiting spouses and civil partners are subject to “no gain or no
The ‘charge and claim’ cycle associated with Value Added Tax (VAT) often becomes a routine part of running a business but, with VAT contributing significantly to Government’s annual tax receipts, opportunities to improve VAT efficiency should not be overlooked. Cash
Once again, tax has been making the news with the Chancellor’s wife, Akshata Murty, dominating headlines as a result of her non-domicile status. The quality of the reporting I have come across on this topic, so far, has been poor
On 1 January 2022, changes to Inheritance Tax (IHT) reporting requirements came into force via The Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) Regulations 2021. The changes themselves are fairly technical in nature. To go into too much detail
Despite the fact that many of us will, unfortunately, need to navigate Probate in our lifetime, misconceptions about the process are common. After all, why would you concern yourself with it before you need to? Whilst a fair point, misunderstanding
The Scout Association has launched a new badge for Cub Scouts and Beavers to earn, called “The Money Skill Activity Badge”. The aim is to provide an ‘age-appropriate’ introduction to the realm of money and finances, for young children and
Last month, the Chancellor unveiled his ‘Winter Economy Plan’ after scrapping plans to deliver an Autumn Budget this year. With ‘difficult winter months’ ahead, Rishi Sunak announced a handful of new business support measures. The hope, is that these will