An interest in a business can be the most valuable asset owned by an individual. Without the correct Inheritance Tax (IHT) planning, however, there is a risk that these interests can be subject to IHT at 40% on death. This reduces the amount the beneficiaries of the estate would receive in inheritance, whilst also causing potential cash flow problems.

It’s never too early to plan for what happens to your estate after your death. Many people put off such morbid thoughts but leaving no instructions for your spouse and family on how to deal with your assets after you are gone, can put added stress on an already difficult situation.

In order to stop the misuse of UK corporate entities and maximise the accuracy of filed information, the UK Government is expanding the role and powers of Companies House. As the Economic Crime and Corporate Transparency Bill (the Bill) makes its way through Parliament, it will – and has already been – subject to some amendments.

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

Top-25 firm of chartered accountants, haysmacintyre, has today announced the promotion of Jon Maddison and Rakesh Vaitha, and appointment of Sabina Burke, to Director.

The Government is in the process of undertaking significant reforms in agricultural policy, as it moves from the EU Common Agricultural Policy to the Environmental Land Management (ELM) schemes.

Grant making charities are a vital source of support in many sectors, and with the current cost of living crisis and economic uncertainties, grant making charities are being approached more than ever for financial support.

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