OTS calls for tax rules on gifts to be simplified

OTS calls for tax rules on gifts to be simplified

The Office for Tax Simplification (OTS) has said that fewer people should have to pay tax on gifts made to loved ones in the years before their death. Under the current rules, inheritance tax of up to 40% is paid when someone dies within seven years of making a gift....
Treasury urged to reconsider buy-to-let crackdown

Treasury urged to reconsider buy-to-let crackdown

The Intermediary Mortgage Lenders’ Association (IMLA) is urging the Government to stop its crackdown on the buy-to-let market.The calls come following evidence which shows the negative impact the tax changes have had including forcing some landlords out the private...
Demand for digital skills tipped to skyrocket

Demand for digital skills tipped to skyrocket

The UK’s skills shortage has been well documented in recent years and if the latest predictions are anything to go by, it’s about to get a whole lot worse.Individuals and businesses are becoming increasingly reliant on technology and the Internet which means that...
Upcoming changes to the construction industry scheme

Upcoming changes to the construction industry scheme

The construction industry has had a huge impact in the UK. In 2017, it contributed an impressive £113 billion to the economy, with construction output increasing by a further 14% in the 18 months to the end of September 2018.Even better, demand for domestic...
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