Buy-to-let (BTL) property investments have declined 25% due to rising interest rates and unfavorable tax changes. The new Labour government's renter-friendly policies and potential CGT hikes may further deter landlords, though falling mortgage rates could eventually revive interest in BTL investments.

The demand for 40-year mortgages in the UK has surged by 39% amid rising interest rates and high property prices, as buyers seek lower monthly repayments. However, these longer-term loans result in significantly higher overall costs due to increased interest.

With the passing of the 2023/24 tax year, it's important that firms consider the impact of HMRC's basis period reforms as soon as possible, if they haven't done so already.

The UK experienced a 71% increase in M&A deals in Q1 2024, rising from 500 to 855, driven by entrepreneurs' concerns over potential tax increases in Labour's first Budget, particularly related to CGT and Business Asset Disposal Relief changes. Easier acquisition financing, moderated seller expectations due to a weak economy, and improved bidder confidence from falling inflation also contributed to the surge. Lubbock Fine offers tailored solutions for those looking to navigate these complexities

The new Labour government have recently issued a technical note and the proposed legislative changes detailing its plans to remove VAT exemptions for private school fees.

In Part 3 of the ‘Investments Beyond Life' series, we analyze the tax and transfer implications of onshore and offshore investment bonds upon the policyholder's death, comparing life assurance and capital redemption bonds, and their impact on estate tax and distribution.

In a significant move towards modernising tax processes, HM Revenue & Customs (HMRC) has announced that, from April 2026, the payrolling of benefits in kind (BIKs) will become mandatory for employers.

The number of individuals admitting to HMRC that they have underpaid tax on offshore assets has surged by 22% in the past year. Our latest research reveals that disclosures made through HMRC's Worldwide.

Employee Ownership Trusts (EOTs) surged by 27% last year in the UK, attracting founders with tax efficiency, legacy preservation, and enhanced employee rewards amid potential capital gains tax changes.

Planning for the future is crucial, but it's equally important to understand what happens to your investments after you're gone. In our ‘Investments Beyond Life' series, we'll be covering what happens to your assets when you pass away.

Individual Savings Accounts (ISAs) are tax-protected investment vehicles. Upon the account holder's death, if there is a surviving spouse, they receive an Additional Permitted Subscription (APS) allowance equivalent to the deceased's ISA value, allowing continued tax benefits. Without a surviving spouse, ISAs lose their tax advantages and are subject to inheritance tax.

From April 2027, most pension death benefits will be subject to inheritance tax (IHT), potentially increasing tax liabilities up to 67%. Strategic planning, including reviewing death benefit nominations and IHT strategies, is essential for mitigating these impacts.

In the competitive world of professional sports, athletes are celebrated for their skill on the field, court, or track. It is, however, crucial for athletes to consider...

The complex rules for capital gains tax relief for non-domiciled individuals (non-doms) aren't new, although significant proposed changes have been announced to the non-dom regime in the March 2024 Budget...

The recent Autumn Budget introduced a range of significant tax changes that will impact individuals and businesses alike. In our ‘Unpacking the Budget' series, we delve into these updates, providing clear explanations...

For some time now, HMRC has been unclear with inadequate guidance regarding the VAT liability and VAT recovery position of property remediation work carried...

General Investment Accounts (GIAs) offer investment flexibility but lack tax advantages. Upon death, accrued capital gains are reset, and income may be taxed. GIA assets are included in the estate for Inheritance Tax (IHT).

HMRC's new VAT guidelines clarify that football agents must accurately split fees between player and club services, reflecting the true commercial nature of their services to avoid VAT and tax issues.

Inheritance tax (IHT) planning is a crucial consideration for those looking to preserve their estate for their heirs. One common strategy involves gifting assets during one's lifetime to reduce...

The Autumn Budget introduces major changes to UK Inheritance Tax (IHT) reliefs for Business Relief (BR) and Agricultural Relief (AR), capping relief at £1M from April 2026. Pensions will face IHT from 2027. Businesses should review wills, trusts, and succession plans promptly.