In this episode, Leonora Stevens and Mike Hodges look at what really happens when HMRC opens an enquiry into your personal tax return. They discuss: – What HMRC compliance checks actually involve – Why enquiries are triggered – What is the difference between aspect and full reviews – Understand what your rights and responsibilities look […]
With a mountain of speculation prior to this year’s Budget, there was considerable concern about potential forthcoming tax changes. However, it could be said that the announcements made on 26 November were not as monumental as feared. Nonetheless, there was still plenty to dissect so join us in our latest podcast episode where we uncover […]
Tax season can feel daunting – even for the most organised of taxpayers. While many returns are simple, certain sections quickly become complex, and small mistakes can lead to stress or even penalties. In our latest podcast episode, Leonora Stevens and Mike Hodges explore the trickier parts of a self‑assessment tax return and share practical […]
In our latest episode, we explore the increasingly relevant topic of passing on property – whether it’s your main home, a share of it, or a second property – and the tax implications that come with it. Leonora Stevens and Mike Hodges discuss: – Why more families are considering property gifts – How rising house […]
Thinking of retiring abroad? The latest changes to the UK’s non-dom rules might be surprisingly good news for your financial planning. In this eye-opening discussion, our expert panel breaks down how the shift from domicile to residence-based taxation creates new opportunities for those considering an international retirement. Tax partner Alex Britton-Davis joins hosts Leonora Stevens […]
The world of trusts often feels complex, but at its core it’s about safeguarding assets for others. Whether you’re considering setting up a trust, have been asked to serve as a trustee, or are evaluating your current arrangements, this discussion offers guidance on finding the right trustee for your specific needs. Hosts, Leonora Stevens and […]
A seismic shift is looming for pensions – from April 2027, pensions will fall into a person’s chargeable estate for inheritance tax (IHT) purposes. This means any pension pots could be subject to 40% IHT. For many years pensions were a useful way to reduce IHT liabilities, and while the legislation is pending, the changes […]
Employee Ownership Trusts (EOTs) offer business owners a compelling exit strategy where they can transfer controlling interest in their company without paying any capital gains tax (CGT). Join Leonora Stevens and Mike Hodges as they discuss this increasingly popular exit route, that is beneficial for both owners and employees. If you’re considering an EOT, always […]
The inheritance tax landscape for family businesses and agricultural landowners is undergoing its most significant transformation in decades. Following the Autumn Budget 2024 announcements regarding changes to Agricultural Property Relief (APR) and Business Property Relief (BPR), the government has released a consultation document addressing the application of these changes to property settled into trusts. In […]
