Articles

Explore how businesses can adapt to the new tariff paradigm with strategic supply chain adjustments, tax compliance, and pricing strategies in a shifting trade environment.

Maximise tax efficiency before the 5 April 2025 deadline. Learn about key changes to IHT, CGT, SDLT, and pension contributions to optimise your planning.

Discover how the Autumn Budget impacts NI businesses with increased tax rates, NIC changes, and inheritance relief reforms. Prepare your plan now.

The Furnished Holiday Letting (FHL) regime provides valuable tax relief for property owners who let out furnished properties as short-term holiday accommodations

Non-Domiciled Tax Changes: UK to abolish remittance basis in 2025. New rules on Income, Capital Gains, and Inheritance Tax. Plan now for major impacts on foreign assets.

Ensure your family business thrives with effective succession planning. Learn strategies for preparing successors, navigating challenges, and mitigating inheritance taxes.

When a residential property is sold at profit, capital gains tax (‘CGT’) may be payable on the gain (i.e. the profit).

As the Corporation Tax (“CT”) submission deadline for companies with a 31 March 2023 year-end has now passed, with it goes the submission of the last returns with the “flat” 19% corporation tax rate.

Major changes to UK R&D tax relief arrived April 1, 2024. Get the latest on eligibility, subcontractor rules, overseas expenditure & how to navigate claims with increased HMRC scrutiny.

As part of the Base Erosion and Profit Shifting (“BEPS”) project, the Organisation for Economic Cooperation and Development (“OECD”) has presented a two-pillar approach as an ongoing effort to reform international taxation and prevent tax avoidance by multinational enterprises (“MNEs”).

With a general election due to be held within the next 11 months, the Spring Budget could be the last fiscal event of the current UK Government.

First introduced in 2001 and subsequently updated in Corporation Tax Act 2009, Land Remediation Relief is a valuable and frequently overlooked tax incentive.

With a new year comes new challenges and, in a world of global economic uncertainty, remaining at the forefront of technological transformation, innovation and societal trends is key. Read our latest Belfast Telegraph article and discover what some of the main trends and developments are expected in 2024.

The ‘One to Many’ (“OTM”) approach is a general term that HMRC gives to a wide reaching tactic used to provide information to influence the behaviour of taxpayers with the aim of improving their accountability and adherence of tax rules.

Towards the end of 2023, the UK Government set out its mandate requiring all new cars and vans sold in the UK to be ‘zero emission’ by 2035 with stringent electric vehicle (EV) quotas on car manufacturers in the run-up to 2025. The pathway, which came into effect from the start of this month, is intended to provide certainty to car manufacturers, confidence to investors putting their money into charging infrastructure, and time for families to begin making the switch to EVs.

Ahead of this year’s Autumn Statement, the Chancellor noted that tax cuts will be ‘virtually impossible’ given the current state of the UK economy and the country’s current debt levels.