Following the 6 April 2021 introduction of the Off-Payroll Working (“OPW”) legislation in the private sector for medium and large organisations, it is crucial for the healthcare sector to be aware of some important changes.
HMRC has launched a consultation into proposed tax reforms which could see some self-employed individuals and unincorporated businesses facing an increase in tax liabilities in 2022/23.
With sustainability firmly on everyone’s agenda, more and more individuals are looking at the benefits of electric cars, including tax benefits. Not only does a move to an electric car benefit the environment and reduce fuel costs but it could also provide you with potential tax savings in the year of purchase.
Put simply, IHT (inheritance tax) is a tax that is applied on the transfer of wealth, making it effectively the UK’s death tax, wealth tax and transfer tax combined. What is it and how do you plan for it?
Staying safe on social media is nothing new, but it is surprising how often we share personal information whilst not thinking of the consequences. Especially when that information is found to be the basis of passwords. However, it can also be used in phishing attempts.
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