April 2025

News Posted
self assessment

New limit for self-assessment reporting

25th April 2025
The government is planning a change that it says could save thousands of taxpayers from having to file a self-assessment tax return. What’s the full story?  Partner Kenny Adamson has the full story.
Dealing with increase to employee’s working hours

Dealing with increase to employee’s working hours

25th April 2025
If you agree to a part-time employee permanently increasing their hours of work, you must ensure that you properly address any changes to their employment terms which are consequent on that increase. But what do you need to do?  Pamela Singh keeps you fully informed.
Gifts to family

The tax implications of making Gifts

24th April 2025
You are planning to make gifts to your children to reduce the inheritance tax (IHT) burden for your estate. But to achieve this you’ll either need to sell assets to raise the cash or gift them. But how does any resulting capital gains tax (CGT) impact on IHT planning?  Partner and Tax expert Kenny Adamson...
Golden Handshake

A tax-efficient golden handshake?

23rd April 2025
One of your firm’s directors is retiring soon and the board want to pay him a lump sum to reward his long service. However, this type of ‘golden handshake’ is usually taxable. Is there a more tax-efficient alternative?   Partner Kenny Adamson provides the answer.