For many years, salary sacrifice has been one of the most tax-efficient ways to build a pension. However, following the latest Budget, a significant shift is on the horizon. From 6 April 2029, the National Insurance (NI) advantages of these arrangements will be...
Succession planning is a cornerstone of long-term business strategy, and Gift Holdover Relief is often the engine that makes it possible. Following the recent Budget, the government has announced a “modernisation” of this relief set for 2026. While the...
Business Asset Disposal Relief (BADR) remains one of the most valuable capital gains tax (CGT) reliefs available to individual business owners. It offers a reduced CGT rate of 14% for 2025/26 on qualifying gains, subject to a £1 million lifetime limit. However, note...
Changes to the High Income Child Benefit Charge The government announced the changes to the High Income Child Benefit Charge, and an increase to the threshold to £60,000 from 6 April 2024, with a taper up to £80,000. The charge will be 1% of the Child Benefit for...
We would like to inform you of significant upcoming changes to the Construction Industry Scheme (CIS) that will take effect from 6 April 2024. These changes aim to streamline processes and enhance compliance measures within the construction sector. Key Updates: 1....
There are lots of positives in relation to NEST pensions, but that does not mean it is the best option for you. There are also some significant negatives. Whether NEST is a good option for you depends on your personal circumstance! So, what are some of the positives? ...
