Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice
Women in their 50s are on the verge of a pension crisis due to substantial caring responsibilities and inadequate retirement savings, according to Catherine Foot, director…
The Financial Reporting Council issued a record £48.2 million in fines to audit firms, including KPMG, EY, PwC, and Oliver Clive & Co, for major audit…
HMRC has collected an additional £14.4 million in tax from insolvencies over two tax years up to 2023 since it regained its ‘preferential creditor’ status.
The number of non-domiciled taxpayers in the UK rose by 7% in 2023, contributing a record £8.9 billion in revenue. With potential changes to non-dom status,…
Discover how the UK general election and upcoming US presidential election might impact tax rates for Americans living and working in the UK.
Discover effective strategies to protect your wealth from potential future tax changes under a Labour government. Learn about portfolio restructuring, inheritance planning, and other tactics to…
Uber, the ride-hailing and food-delivery giant, is gearing up for a significant tax dispute with HM Revenue & Customs (HMRC) over £1 billion in VAT payments.
HMRC has not fined any enabler of offshore tax fraud in the past five years, despite possessing landmark powers to impose significant penalties. Critics argue these…
Adrian Chiles, BBC and ITV presenter, faces a £1.7m tax bill after losing an appeal with HMRC regarding his employment status. The 10-year legal battle centres…
Wealthy families are fast-tracking estate transfers to their children amid concerns over potential inheritance tax changes under a Labour government.
Rishi Sunak's decision to call an early election has cast uncertainty over key City reform efforts, including the British ISA and the Pisces private market initiative.
After losing twice in the long-running ‘mega marshmallows’ tax case, HMRC seeks permission to file another appeal, continuing its argument that the product should be standard…
Former Chancellor Nadhim Zahawi has confirmed to the BBC that he paid nearly £5 million to authorities to settle his tax affairs.
In a flavorful victory, Innovative Bites Ltd, a food company, has emerged triumphant against the UK tax authorities, securing a ruling that exempts its "Mega Marshmallows"…
The latest figures from HM Revenue and Customs (HMRC) show that inheritance tax receipts increased to £7.5 billion from March 2023 to April 2024, the highest…