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Don't Let HMRC Have The Last Laugh On Self Assessment

by ROSS MCCONNELL on MARCH 25, 2019

This year, self assessment tax returns were due to be completed by nearly 12 million people in the UK. Primarily, this represents the self-employed, a sector that is growing year by year, but it also includes those with more than one source of income. Every January a national advertising campaign is run to remind this group to submit their form before the deadline for the preceding tax year –...

 
Is Your Child (Or Grandchild) Owed Money By HMRC?

MARCH 18, 2019

CTF & Junior ISA Accounts If your child or grandchild is aged between 7 and 16 then you could make their birthday this year a little extra special.  Why just that age band?  Because the government might well owe some money to children who were born between 1 September 2002 and August 3, 2010!  It all goes back to a budget decision in 2002. The then Labour government decided they wanted to encourage...

Toasting The Taxman

MARCH 11, 2019

No Inheritance Tax On UK Vineyards Says HMRC How’s this for a sobering statistic: annual commercial wine production in Great Britain is predicted to total 40 million bottles by 2040.  In 2017 alone, according to WineGB, one million new vines were planted in the UK and more than 6,300 acres were planted with vines that year alone. So the news that HMRC has updated its definition of what constitutes agricultural use of...

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