‘Target’ decision means payment businesses may not meet the conditions for VAT exemption. The Supreme Court has issued its decision in the “Target Group Ltd (‘Target’) v HMRC” VAT case, which considered whether supplies made by Target qualified for VAT exemption. The Supreme Court found in HMRC’s favour that the conditions for the exemption were […]

The entire estate of someone who has recently died must be valued to complete the probate application and to establish if Inheritance Tax (IHT) is owed. The estate includes property, possessions, and money – basically everything the deceased individual owned, including debts. Therefore an inventory of the estate will need to be carried out.

A grant of probate gives someone the legal authority to deal with a person’s assets, such as money, investments or property, after they have passed away. Whether or not probate is required will often depend upon the size of a person’s estate or what is in it. Different institutions, such as banks, have different thresholds on the value of assets before they require a grant of probate.

Please click below to view the slides from the session held on Tuesday 17 October 2023.

Over recent months, a number of changes have been announced which will affect claims made for creative sector tax reliefs in the future.

In this edition, we provide a roundup of newsworthy items and points of interest that have arisen over past months, finishing off with Christmas party costs, their Income Tax, and National Insurance Contributions (NIC) treatment and using any exemptions.

Welcome to this special edition of our Autumn Private Client Briefing, which focuses on exploring Inheritance Tax (IHT) planning options to optimise the ways in which you can pass on your wealth.

haysmacintyre has been named as one of eprivateclient’s Top Accountancy Firms in its 2023 rankings.