IR35 To be extended to the Private Sector from April 2020
Amid claims by HMRC that as little as 10% of the contractor market who should be subject to IR35 are applying it, the Government has confirmed the extension of IR35 tax regulations into the private sector from April 2020. HMRC has estimated the cost of non-compliance could be as high...
Following several recent instances whereby clients have received a supposed email from HMRC or have been caught out having clicked...
Haggards Crowther Bucks the Trend for Recommendations
Research by Xero suggests 70% of clients would not recommend their current advisors. We take customer service seriously and ensuring...
Haggards Crowther News May 2019
It has been another busy period for the team here at Haggards Crowther with new team members, marathons, rugby days...
Inheritance Tax – 2022/23 Tax Year End
The Inheritance Tax (IHT) nil rate band is currently frozen at £325,000 until 5 April 2021. As part of a person’s ongoing Inheritance Tax planning, full use should be made of available exemptions
Tax Advantaged Investments – 2018/19 Tax Year End
ISAs, EIS, SEIS, VCT schemes and family investment companies (FIC) can prove useful means of investing money before the tax year end.
Pensions – 2018/19 Tax Year End
Pensions can be a great way of reducing the tax burden. You can contribute £40,000 (gross) a year into a pension scheme. This can be increased if you did not use up your allowances in the preceding 3 years and were a member of a qualifying pension scheme.
Property Assets – 2018/19 Tax Year End
Property investments, lettings and long term rentals have come under the microscope in recent budgets. There are various changes in legislation and available reliefs coming in 2019 and 2020 that you need to be aware of.
Charitable Giving and GiftAid – 2018/19 Tax Year End
If a UK higher rate taxpayer or additional rate taxpayer makes a Gift Aid donation, further tax relief is available to the donor over and above the tax relief claimed by the charity.
