Work expenses unlikely to remain stationary

Last month, HM Treasury launched a consultation into the taxation of employee expenses, after a 25% increase in claims over the last five years costing the Exchequer £800m a year. Whilst the government has no plans to remove the relief on employee expenses, the start...

Inheritance tax planning gets new lease of life

Inheritance tax (IHT) is levied on the value of a person’s estate at the time of their death. Often considered to be a tax on the wealthiest in our society, the statistics suggest otherwise. According to HMRC, the tax raised £4.7bn from 26,000 estates in 2015/16. A...