01983 614108

Gifts and inheritance tax

by | Oct 20, 2013 | ACCA, capital taxation

This Content Was Last Updated on February 9, 2017 by Jessica Garbett   During their lifetime, an individual can make three types of transfer which might be caught by IHT legislation: exempt transfers chargeable lifetime transfers (CLTs) potentially exempt transfers...

Underpayments – Who causes them?

by | Oct 18, 2013 | personal taxatation

This Content Was Last Updated on November 5, 2015 by Jessica Garbett   During the 2012/13 tax year over one million taxpayers received notification of a tax underpayment. Many taxpayers are still trying to engage with HMRC in relation to earlier year underpayments....

Changes are coming with FRSSE 2015

by | Oct 15, 2013 | ACCA, financial reporting

The new UK GAAP framework, which becomes mandatory from 1 January 2015, retains a modified version of the FRSSE as the single standard applicable by small entities. Accounting policies Reporting entities that apply FRSSE 2015, together with FRS 100, are exempt from...