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Would you be ready if HMRC lodged a formal enquiry into your Income Tax Return?
A tax enquiry is the process by which HMRC check in detail that the information on a tax return is correct and complete. HMRC have the right to make a formal enquiry into every
WHAT ARE FAMILY INVESTMENT COMPANIES?
In recent years, “Family Investment Companies” (FICs) have become more widely used in family tax planning exercises. However, they are not a new structure by any means – our oldest FIC client is over 100 years
Inheritance Tax- Are Changes Coming?
Could we soon see Inheritance Tax changes? It has been reported that the Government is considering scrapping Inheritance Tax (IHT) in advance of the upcoming general election. IHT is a controversial and generally unpopular tax,
Are You Prepared for the New Enhanced Reporting Requirements (ERR)?
Starting from 1 January 2024, Irish employers will be required to comply with the enhanced reporting requirements (ERR) mandated by the Finance Act 2022... New Enhanced Reporting Requirements (ERR) for Irish Employers Starting from 1 January
How Best To Organise Your Finance Function
Your finance function is the eyes and ears of your business. It gives you insight where you need and reports on your past and predicts your future. A finance team needs to have the right people
Furnished Holiday Lets – An Introduction To Your Obligations
Furnished Holiday Lets (FHL) are becoming more and more popular in the UK, particularly in Scotland, with holidaymakers' desires for a ‘staycation’ only increasing. But are you aware that these properties come with a different set