In the United Kingdom, inheritance tax (IHT) is a topic that often concerns individuals and families. It’s the tax levied on the estate of a deceased person and it can significantly reduce the what you pass on to your loved ones. However, there are strategies and measures you can take to protect your family’s wealth from excessive IHT. In this article, we’ll explore key considerations and steps to safeguard your assets and reduce the burden of inheritance tax.
The deadline for making voluntary NI contributions for the period from April 2006 up to April 2017, was originally 5 April 2023. In March 2023, HMRC extended the deadline to 31 July 2023. Taxpayers now have until 5 April 2025 to fill gaps in their NI record from April 2006, an extension of nearly two years.
“We welcome Joanna to Swindells and look forward to her settling in here and providing our clients with further expertise and value. Jo brings with her a wealth of experience with owner-managed companies and extensive audit credentials and will be a great asset to the Swindells’ team.”
Becoming a director carries with it potentially onerous duties so you need to make sure you know what those duties are. Whether you are appointed to the board of the company you work for or you are involved in establishing a new business, the office of director should not be accepted lightly. This article summarises some of the responsibilities that you should be aware of…
The Economic Crime and Corporate Transparency Bill (“the Bill”) represents the second element of a UK government reform package aimed at preventing the abuse of corporate structures and tackling economic crime. The bill, spanning an extensive 250 pages, brings forth a host of pivotal changes, each contributing to the overarching goal of transparency and accountability.
For UK charities, financial transparency and accountability are of paramount importance. As they operate to serve a greater social cause, charities must adhere to specific accounting regulations and practices to ensure their funds are used for it charitable purposes. In this article, we will explore the key aspects that UK charities need to be aware of.
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