Nearly 62,000 trusts registered in H1 2022
- Monday, 15 August 2022
- Articles
Nearly 62,000 trusts (61,692) have been registered with HMRC in the first six months of 2022 as the deadline to register a trust approaches.
Read more...2 in 3 advisers fear trust clients may risk HMRC fines
- Thursday, 11 August 2022
- Articles
Two in three (62%) advisers with clients who are trustees or have interests in trust are concerned that their clients could be risking HMRC fines, according to new research.
Read more...IHT payments rise at fastest rate since 2015/16
- Thursday, 28 July 2022
- Articles
Inheritance tax (IHT) receipts rose 14% to £6.1bn in the 2021/22 tax year, the largest single-year rise since 2015/16.
Read more...Editor’s Comment: Thank you Mr Sunak
- Friday, 01 July 2022
- Articles
The Chancellor has inadvertently gifted Financial Planners an almost unending stream of frazzled new clients by freezing the tax thresholds, if the latest HMRC data and some fresh predictions on the number of higher rate taxpayers are anything to go by.
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