Inheritance tax (IHT) is payable by individuals who die, leaving behind estates valued in excess of the IHT nil rate band of £325,000.
Every day thousands of people cross the border between Northern Ireland and the Republic of Ireland for work.
Historically, family businesses have been the backbone of our economy. Time and again they have proved their resilience and emerged through societal turmoil and economic hardship
Many countries in the world, including the UK and Ireland, have tax regimes that provide a lesser tax burden for foreign domiciled residents than for their own citizens. Portugal, Italy and Greece, for example, have favourable tax rules for non-domiciled residents with the aim of attracting wealth and talent from abroad. The UK’s regime has hit the headlines in recent weeks – but what are the rules that have come under scrutiny and are they set to change?
As a business owner, it is useful to know the potential benefits of significant capital investment before committing. Appraisal of the tax impact regarding such an investment is often not initially considered, despite its potential impact on a project’s viability.
As the 2021/22 tax year-end is almost upon us, now is a good time to consider relevant tax planning opportunities to reduce your overall tax burden
The last decade has seen large multinationals making the headlines regarding the amount of corporation tax they pay, or don’t pay, but how have recent global tax announcements changed the landscape of international tax?
With all the challenges presented by both Brexit and the coronavirus pandemic, the UK Budget announced back in Spring 2021, has received little press attention.
Having an abundance of cash on hand may not seem like too much of a problem for most of us, however there are potential downsides for businesses who are reporting excess cash on their balance sheets.
