Fog and Fireworks .. November is Here!

The clocks have gone back, the fog has come, and fireworks will be popping and lighting up the sky this week, which reminds us that we’re well and truly into autumn. For those who have not yet provided us with their tax return information, now is the time to get this done.


Stamp duty tax take rises as house prices increase

Official figures show that house prices in England have risen considerably faster than in the rest of the United Kingdom in the past year.

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Chartered Institute of Taxation opposed to tax evasion penalty changes

Plans to stiffen the penalties for offshore tax evasion have been criticised by lawyers and tax advisers who have warned that they could end up criminalising people and companies who have unwittingly broken the rules.

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Top ten countries revealed for chasing tax dodgers

Last year, the Organisation for Economic Co-operation and Development (OECD) co-ordinated an agreement to automatically swap tax information with finance ministers from 51 countries.

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UK born non-doms will suffer under new rules, according to tax advisers

Members of the Chartered Institute of Taxation (CIOT) have raised concerns about the government’s proposals to reform taxation for non-domiciles, as they fear it could lead to an unfair result for those born in the UK who spend most of their lives abroad, but later return.

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New data shows inheritance tax bill increase

According to new analysis of HM Revenue & Customs (HMRC) data, the cost of passing on wealth to the next generation has increased by three per cent or £5,000 in one year.

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HMRC outlines Benefits in Kind and expenses real time reporting

PAYE legislation is changing from 5 April 2016, so employers who intend to or are already payrolling benefits and expenses must register with HMRC using the new online Payrolling Benefits in Kind (PBIK) service.

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The Glazers Blog

The Glazers Blog is updated daily, with the latest news items covering business, financial and tax topics.

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