November 2024

News Posted
Inheritance tax farmers

An important message about Inheritance Tax

13th November 2024
The Autumn Budget has certainly triggered a lot of questions and concerns from our clients. Particularly from farmers whose estates may now be subject to Inheritance Tax when they die, whereas previously there were good tax reliefs to protect their estates. If you are a farmer and are concerned about how this might affect you...
Double cab pickups to be classified as cars

Double cab pick-ups – Important News

12th November 2024
In this article, Partner Andrew Wayness brings important news of changing tax treatment for double cab pick-ups, outlining the considerable implications for both employers and employees. In February 2024, HMRC announced that double cab pick-up trucks would be treated as cars for tax purposes, and then swiftly did a U-turn on this decision following industry...

Do one thing – get the HMRC app

11th November 2024
HMRC is encouraging anyone who hasn’t yet downloaded their free and secure HMRC app, to “do one thing and get on it today”. As part of a major advertising campaign, HMRC are urging all taxpayers to “Do One Thing” and get on the HMRC app to save time and simplify managing their money and tax....

Capital Gains Tax Changes

7th November 2024
It has been clear for some time that Capital Gains tax (CGT) was going to be targeted by Chancellor Rachel Reeves at the Budget. But it is of some comfort that the rates of CGT the Chancellor announced did not increase to much higher levels. Partner Kenny Adamson provides the details. The eventual outcome will...