Terry Smith, Author at Haggards Crowther

Maximise Your State Pension By 5th April 2025 Deadline

Time is running out for you to maximise your State Pension by filling gaps in your National Insurance (NI) records (from 2006 onwards). You have until 5 April 2025 to make voluntary National Insurance contributions (NICs) for the tax years between 6 April 2006 and 5 April 2018. 10,000 people...

Are You Still a UK Resident if You Live Abroad?

Packing up, leaving the UK and living abroad is a life-changing event,...

Furnished Holiday Lets (FHLs) Tax Reforms: Key Details and Implications

We’re writing to let you know about some important changes to the...

A Guide for Landlords: How is Rental Income Taxed?

If you’re a landlord, understanding how rental income is taxed is essential...

What Is a Married Persons Tax Allowance?

A marriage allowance is a valuable tax benefit that can save eligible couples money. In 2024, it will continue to...

How to Pay Tax on Cryptocurrency in the UK

Are you extremely knowledgeable in the world of cryptocurrency investments, or are you a complete amateur? However you are with...

A Guide to Interest on Inheritance Tax

Inheritance tax is a reality that many individuals and families must face when dealing with the passing of a loved...

How to Calculate Cryptocurrency Profit Before Tax

The crypto market is growing rapidly in the UK and is expected to show an annual growth rate of 10.27%...

Who Pays Inheritance Tax on Gifts?

When it comes to paying inheritance tax on gifts, you may ask yourself questions about who carries the responsibility of...

What Happens If You Don’t File a Tax Return (UK)?

Filing a tax return is a crucial annual financial responsibility. This is something that many individuals and businesses in the...

HMRC Increases Time-To-Pay Threshold

HMRC has announced that it has increased the Self-serve Time-to-Pay threshold from £10,000 to £30,000. The increase, which came into...

What Is a Personal Tax Code?

Personal tax can be difficult to understand. You may see your personal tax code and not understand what it means...