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If you sell goods or services online, the way HMRC collects information has changed. As of 1 January 2024, digital platforms are now required to share seller data directly with tax authorities to increase transparency across the platform...
Tax Impact: Emergency Returns to the UK from Conflict Zones
For many British nationals, recent escalations in the Iran and United States conflicts have forced a return to the UK sooner than planned. A consequence of an emergency return is the risk of inadvertently trigger UK tax resident status and...
Government Waters Down Limitations on Inheritance Tax Relief for Business Owners and Farmers
In the Budget of 30 October 2024 the Government announced plans to limit full Business Property Relief and Agricultural Property Relief to a combined £1m per person with the remaining value of such farmland and business assets being...
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