Tax and Financial Planning

The First-tier Tribunal (FTT) has found that a repayment of Income Tax due to a taxpayer who had died during the relevant tax year formed part of her estate for...

The Financial Conduct Authority (FCA) has outlined plans to reform the mortgage market, which could make it easier for first-time buyers and self-employed people to purchase properties. The reforms also...

A taxpayer has successfully argued before the First-tier Tribunal (FTT) that a company’s purchase of shares he owned in it was wholly or mainly for the purpose of benefiting its...

From 1 December 2025, the Financial Services Compensation Scheme (FSCS) deposit protection limit is increasing from £85,000 to £120,000. If you hold deposits or savings with a UK-authorised bank,...

Although Multiple Dwellings Relief (MDR) from Stamp Duty Land Tax (SDLT) was abolished with effect from 1 June 2024, cases dealing with its availability are still working their way through...

The First-tier Tribunal (FTT) has come to the aid of a taxpayer who claimed that he had been a victim of fraud in relation to claims for Enterprise Investment Scheme...

It is important to ensure you fully understand the rules of any tax reliefs claimed and take advice if necessary. Recently, the Upper Tribunal (UT) dismissed an entrepreneur’s appeal against...

The Government has published its response to the final report of the Digitisation Taskforce. The Taskforce has been assessing how the UK can eliminate the use of paper share certificates...

The Government has confirmed plans to bring most unused pension funds and death benefits within the scope of Inheritance Tax (IHT) from 6 April 2027. The plans were originally...

Anyone who requires assistance with their tax affairs should ensure that they deal with a reputable and appropriately regulated advisor. Recently, a courier who claimed rebates for work expenses on...