December Tax Newswire

Introduction

Our aim is to keep you up to date with ideas and information that will help you gain the best possible advantages in working with us. This newswire will be sent regularly to help achieve this aim, and we hope you enjoy reading them.

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Christmas opening times

Our office will be closed between 3pm on Friday 23rd December 2011 and 9am on Tuesday 3rd January 2012.

IHT move set to spread net wider

More people may find themselves affected by inheritance tax (IHT) following a change in the way the government raises the threshold at which the tax takes effect.

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Business booster offers tax breaks

Chancellor George Osborne has launched a new scheme designed to provide extra funding for small businesses, plus attractive tax breaks for investors.

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Survey reveals two-thirds delaying on estate planning

New research has found that although 69 per cent of people are aware of the potential impact of inheritance tax (IHT) on their estates, the same number done nothing to reduce its effect other than making a will.

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Time ticking away to tax return deadline

HM Revenue & Customs (HMRC) has issued a reminder than anyone who needs to file their tax return online should register to do so as soon as possible if they have not already done so.

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New unit to target overseas accounts

A new specialist unit targeting people suspected of using overseas accounts to avoid UK tax has been launched.

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