Making Tax Digital for Landlords

I am sure that there are not many people that have not heard the term “Making Tax Digital”. But how many landlords actually realise that this could affect them and that they will have to get up to speed with this new way of reporting income and expenses to HMRC. As...

Deprivation of assets and care home fees

It is well known that when looking at funding for care home fees, local councils look at means testing when assessing someone’s ability to pay for care fees. I think that it is also well known that there is pressure on council budgets and the number of people...

Let’s do the The Hokey Cokey with taxes

This morning Chancellor Kwasi Kwarteng has done a U turn and announced that the 45% tax rate for the highest earners will not be abolished, previously a measure announced in the mini budget a couple of weeks ago. The reason given for this was that it is “ a...