Practical Guides

Practical guide: Inheritance tax on pensions

For deaths on or after 6 April 2027, most unused pension funds and pension death benefits will be brought within the scope of inheritance tax (IHT). What does a new technical note tell us about how this will work in practice?

Practical guide: Reporting 2025/26 expenses

Practical guide: Tax-efficient will planning with residential property

An individual has a significant property portfolio which provides them with their sole source of income. They want to gift shares in some property to their daughter but retain the income. Can they do this without triggering the reservation of benefit rules?

Practical guide: Incorporating a property business

An individual with a significant property portfolio is considering incorporating their business. What are the key considerations and are there any traps to avoid or tax planning opportunities?

Making the most of the employment allowance

Accessible to most employers, the employment allowance (EA) offers an immediate respite to a business's NI bill. How can they take advantage, and what are the pitfalls?

Should you consider PAYE collection for HICBC?

The 2025 Spring Statement announced the start date for collecting the high income child benefit charge (HICBC) through PAYE. One of our clients who was considering not claiming child benefit altogether, has asked whether they should move to the new PAYE process. What do they need to know?