This Summary covers the key tax changes announced in the Chancellor’s speech and includes tables of the main rates and allowances. At the...

BUDGET 30 October 2024 – key points Overview ·         Many possible changes were the subject of speculation leading up to the Budget:...

In the weeks leading up to the Autumn Statement, the press was full of speculation about tax cuts. This was a surprise, just over a year...

Gifting property to children or family members is not only extremely generous but it can help reduce inheritance tax. Let me explain you...

Landlords are required to notify HM Revenue and Customs (HMRC) if they are letting a property and are obliged to pay tax at their usual...

This Summary covers the key tax changes announced in the Chancellor’s speech and includes tables of the main rates and allowances. At the...

When the Chancellor of the Exchequer makes a fiscal statement to Parliament - whether it is called a Budget, a mini-Budget or an Autumn...

In his first Budget speech as Chancellor, Kwasi Kwarteng said that ‘we need a new approach for a new era, focused on growth’. He would...

It is a tough time for both families and businesses, with higher prices and staff shortages causing difficulties that are witnessed every...

The Chancellor presented two Budgets in 2021 in which he set out a great many details of the tax rates and rules that will apply until...

We live in times of great upheaval. Stock markets are very volatile, inflation is high (and may get higher) and there is a risk of major...

The tax return for 2020/21 must be filed by 31 January 2022. Any tax due is payable by the same date, but in some circumstances, this can...

In May 2021, the Office of Tax Simplification made a number of recommendations for simplifying the capital gains tax system. The...

December and January are always the busiest months for tax return filing. HMRC has recently issued a warning about self-assessment scams,...

HMRC are most likely using freezing orders by court to seize money in accounts of suspected business. At MSR, we have 100% success record...

What is HMO Property? • A property occupied by five or more people • A property with five to seven lettable rooms in an area...

File Your Self Assessment Tax Return Simply sign in and file your tax returns. Starting from £125 + VAT Call 020 8514 2678, our tax...

SELF ASSESSMENT • 15 November 2021 HMRC’s administration is suffering significant backlogs, including the issuing of new unique taxpayer...

Government in shock delay to private sector IR35 reform, thanks to peers and covid-19 The government has sensationally delayed private...

Most PSC contractors know by now that from April 6th next year, they will lose the right to set their own IR35 status -- that is unless...