In other articles, our expert team at Foxley Kingham has been looking at the different ways that individuals can mitigate the inheritance tax burden left to their family, upon their death. Lifetime trusts and inheritance tax (IHT) are intrinsically linked and could,...
Landlords, corporations – any entity who owns property will be aware of the ‘mixed bag’ of changes that have taken effect this year, affecting the returns on your property assets. Since the Spring Budget in March, there have been a series of changes to taxes...
A truly modern workplace is one that recognises the importance of good mental health and does all that it can to support employees with their physical and emotional wellbeing. And within the field of Accountancy – this is especially important. Research carried out by...
In the UK, company size thresholds dictate various statutory requirements, such as financial reporting and audit obligations. These thresholds have remained unchanged since January 2016. It was proposed in March that these thresholds be reviewed as part of the...
R&D tax reliefs – known to many as very generous tax breaks given to companies that undertake qualifying research and development activities. For businesses, it’s a welcome benefit for undertaking the complex (and often costly) R&D work. Now, HMRC has...
In previous articles, we’ve looked at many of the reliefs available to mitigate inheritance tax. In this issue we provide a little more detail around the residential nil rate band (RNRB), the rules and restrictions, and how this relief works (and most importantly how...
