Technical Updates

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In-depth analysis of the issues facing our private clients, entrepreneurs and their businesses.

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09 July 2013

Changes to Inheritance Tax

In this year’s Budget, the government introduced changes as to how inheritance tax (IHT) will be calculated on the value of a death estate. IHT is calculated on the net value of an estate, that is to say it is calculated on the value of total assets after a deduction of liabilities. The changes will restrict the deduction of certain liabilities, which will mean that some individuals…
Inheritance tax Technical updates
30 March 2013

2013 Budget Update

Note: This update was written on 30 March 2013. It is based on the government’s proposals at that point in time which don’t necessarily represent the final legislation. For that reason, no action should be taken based on this update without taking further advice.
Budget update Technical updates
14 February 2013

Payroll Processing - Real Time Information

HMRC is introducing a new way of reporting PAYE - called Real Time Information (‘RTI’).  From April 2013, all employers are legally required to report Pay As You Earn (PAYE) deductions in real time. This means that information about all PAYE payments needs to be submitted to HMRC online each time a payment is made.  Under the current system employers are only required to…
Business taxes Personal taxes Technical updates
06 January 2013

French Tax Data Card 2013

Please download the pdf to view the French Tax Data Card 2013.
Tax data card Technical updates
30 December 2012

Ensuring Fair Taxation of UK Residential Property

In the 2012 Budget, the government announced the intention to address concerns that some taxpayers are not “paying their fair share” in relation to UK residential property. The main purpose of the proposed measures is to discourage holding UK residential property in a variety of UK and non-UK structures. The government describes holding properties in such structures as “enveloping…
Non-Dom Technical updates
20 December 2012

Inheritance Tax Update 2012

Inheritance tax Technical updates
17 December 2012

The Balfour Case - an Inheritance Tax Opportunity for Landed Estates?

The Upper Tax Tribunal’s decision to dismiss HMRC’s appeal in the Balfour case has recently been published. This decision is an important one for landowners and their advisers as it potentially changes the approach to inheritance tax planning in relation to the ownership and management of landed estates.
Inheritance tax Technical updates
06 September 2012

UK Tax Data Card 2012/13

Please download the pdf to view the UK Tax Data Card 2012/13.
Tax data card Technical updates