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It is now possible to log into your own personal tax account on the HMRC website. The ‘ Personal tax account’ brings together all your personal tax information into one account for the first time.
The introduction of the “residence nil rate band” with effect from 6 April 2017 is arguably the most significant development in the inheritance tax legislation since 2007 when the then Labour Government permitted the “standard” nil rate band to be transferred to a surviving spouse or civil partner.
This month we talk to Annette, a Personal Tax Manager based in our Plymouth office.
In this, Part 3, of a series of blogs about taxation of the family I have highlighted below some points which parents should be aware of about the taxation of and reliefs for children.
Making Tax Digital has been described as the biggest change in the way tax is assessed and collected in the UK in a generation with the Treasury allocating some £1.3bn to implementing it . This massive project was due to start in April 2018 with compulsory online filing of quarterly returns for many business owners and private landlords.
Below are some key financial dates and deadlines for August 2017
Congratulations to our Exeter based HR Manager, Tracey Tyerman, for completing the Macmillan Mighty Hike Challenge and helping to raise money to support Macmillan cancer support.
We pride ourselves on being a “people first” business where our clients’ needs come before anything else.
The South West tourism and leisure industry looks set for increased visitors throughout the 2017 holiday season, with more holidaymakers planning to stay in the UK rather than travel abroad. According to research carried out by Barclays Bank, over a third of British holidaymakers are planning to holiday at home this year, as the weakening pound and the risk of terror attacks deter foreign travel. In addition, the weather forecast for the summer is looking very promising.
