A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
READ MOREMajority unaware of gifting rules and inheritance tax
Only one in four people making financial gifts are aware of the risks of inheritance tax (IHT), highlighting the risk of unexpected tax bills for gifters for non-compliance.
New research from the National Centre for Social Research (NatCen) and the IFS shows that there is a staggering lack of awareness of the gifting rules, liability for inheritance tax and the risk of making financial gifts without considering tax rules, which can kick in for any gifts over £3,000 in value in a given tax year.
Read more at Accountancy Daily.
Previous
Government urged to simplify small business tax regime
Next
Time is running out to register your reserved .uk domain name
With bitcoin hitting new highs, it’ll likely reach the US$100,000...
Cryptocurrencies are surging again. Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing...
READ MORE
HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
READ MORE