As the end of the tax year approaches, it is a good time to review your personal tax position and ensure you are making the most of available allowances. Unlike company tax planning, which can take place throughout the year, … Continue reading
Author Archives: Howard Roth
Upcoming Inheritance Tax changes that could affect you
Upcoming changes to Inheritance Tax (IHT) will be phased in over the next two years. With property values rising and the IHT nil-rate thresholds remaining frozen until 2030, more estates will face unexpected tax bills if they fail to plan … Continue reading
Time is running out to check for gaps in your State Pension!
If you have had career breaks, worked abroad, or earned below the National Insurance (NI) threshold, you could have gaps in your State Pension. HM Revenue & Customs (HMRC) extended the deadline for voluntary NI contributions (NIC) to 5 April … Continue reading
Will Trump’s tariffs impact your business?
President Trump’s tariff proposals are creating uncertainty in global markets. While the UK has not been directly targeted yet, British businesses could still feel the impact of U.S. trade policies. Trump’s latest proposal to impose reciprocal tariffs on countries with … Continue reading
Fur and finance – Tax compliance in animal sales
If breeding and selling animals has turned into a source of income for you, you need to make sure your earnings are declared correctly to HM Revenue & Customs (HMRC). You can earn up to £1,000 annually from casual trading … Continue reading
