Katharine Arthur, Partner and Head of Private Client, features in IFA Magazine discussing what the future may hold for Inheritance Tax (IHT) in 2024.

haysmacintyre acted as transaction support advisors to Spectra Systems Corporation (Spectra) on their acquisition of Cartor Holdings Ltd (Cartor).

Welcome to our quarterly roundup of Tax Disputes & Resolutions news, updates and more, from October to December 2023.

The latest edition of our Charities and Not for Profit eNews is now available to download.

Crypto remains a popular investment, with HMRC’s interest in crypto investors continuing to rise. On 10 November 2023, the UK agreed a joint statement with 48 countries to help combat criminals using crypto-assets to evade and avoid billions in missing tax.

We have started to see an increased level of activity from HMRC and its latest campaign focusing on the charity and not for profit sectors. However, in respect of the intermediaries legislation (commonly referred to as IR35), the transition of responsibility from worker to engager, as far as HMRC is concerned, did not go smoothly.

The latest edition of our Corporate and Private Client eNews is now available to download.

The Chancellor, Jeremy Hunt, unveiled his Autumn Statement for growth on 22 November 2023. Below, we look at the Class 1 National Insurance Contribution (NIC) changes that were announced as part of Mr Hunt’s 110 measures. The NIC cuts are part of the Government’s long-term strategy for developing the economy and putting more people to work, ensuring the UK has the labour market it requires for the future. The policy will cost £8.7 billion in 2024-25, and the Treasury expects employment to rise as a result.