With increasing HMRC scrutiny and continued changes in UK property taxation, landlords must ensure their rental income and related expenses are reported correctly. In practice, we frequently encounter recurring mistakes that can lead to higher tax liabilities,...
Delivered by Chancellor Rachel Reeves on Tuesday, 3 March 2026, the Spring Statement provides an updated outlook on the economy, public finances, and support measures. 1. Economic Outlook: Slower Growth but Stability Ahead Growth: GDP forecast downgraded to 1.1% in...
When HM Revenue and Customs (HMRC) opens an enquiry into a tax return, it is essential to understand the type of enquiry being conducted, what HMRC is legally entitled to request, and how to respond in a way that protects your position. Types of HMRC Enquiries...
What is the current policy/legal framework? Recent data shows over 1 million people in the UK work on zero hours contracts.1 Flexible hours of work can benefit both workers and employers but without proper safeguards this flexibility can become one-sided, with workers...
India’s Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman on February 1, 2026, delivers fiscal discipline with ₹12.2 lakh crore capital expenditure, a 4.3% fiscal deficit, and debt-to-GDP ratio at 55.6%. Targeting 7%+ GDP growth through...
Direct investment in property can be structured in several ways. The most common are ownership as an individual (or partnership, including LLPs) or through an investment company limited by shares. Other options, such as using a trading company or a pension scheme, may...
