Inheritance tax reporting changes are coming
The Office of Tax Simplification (OTS) has published the first part of its inheritance tax (IHT) simplification review. If you are concerned about inheritance tax and how it might affect you, give us a call on 020 8559 2111. This new report highlights a variety of issues with the current IHT system: IHT returns are […]
Even the government thinks tax is too complicated!
The Office of Tax Simplification (OTS) is looking at ways to simplify tax on savings. The OTS is looking at the way in which savings and investment income is taxed, which can be very complicated. Its May 2018 paper states, the interactions between the [tax] rates and allowances is sufficiently complex at the margins that […]
Moneyworks Summer 2017
Your new Moneyworks magazine is available. In this issue, What next after Brexit? And how will it affect your money? Will inheritance tax catch you out? What the new rules mean for you. The pension revolution It’s been two years since major pensions reform took place, but you still need a careful plan. Are you […]