Latest News
Registering trusts with HMRC
Do you or your family have a trust fund? If so, did you know that, whether taxable or not, virtually all trusts must now be registered with HMRC? If you did not know this, you are not alone as it has not been widely publicised.What is a trust?A trust is a way of managing assets (money, investments, land or buildings), protecting and preserving these assets and potentially controlling how they...
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Spring Budget 2024
The highly-anticipated Spring budget was presented yesterday with Chancellor Jeremy Hunt delivering a ‘Budget for Long Term Growth’. Headline policy announcements included: a 2 percent cut to national insurance, changes to child benefits and a major overhaul of the ‘non-dom’ tax status.He also announced a new £90,000 VAT registration threshold from 2024, and a...
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Time to think about financial business risk management
It’s always been seen as good practice for a business to have a risk management framework in place to help mitigate key risks. Now, with the ever-changing political and economic landscape, experts are urging businesses to prioritise risk management in order to safeguard their operations and ensure long-term stability.What is business risk management?Risk management involves considering...
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