News

Tax when transferring assets during divorce proceedings

Separation and divorce can create tax implications, particularly Capital Gains Tax (CGT) on asset transfers...

Cut in interest rates

The Bank of England’s Monetary Policy Committee (MPC) met on 5 February and in a...

Health services exempt from VAT

Health professionals providing medical services may be exempt from VAT if their work falls within...

How to Check the Creditworthiness of New Customers

Before extending credit to new customers, it’s essential to assess their financial reliability. Checking their...

How to Stop Future Payments on Your Debit or Credit Card

Stopping future payments from being made on your debit or credit card is crucial for...

Not all hurt feelings are uncapped & costly

The Employment Appeal Tribunal slashed a £10,000 award for injury to feeling by 80% after...

Tax chores if managing a deceased person’s estate

When someone dies, their personal representative (executor or administrator) must value their estate to determine...

Tax on inherited private pension pots

Private pensions can be a great way to pass on wealth, but tax implications depend...

How umbrella companies work

Umbrella companies offer an easy way for freelancers and contractors to get paid without running...