by Steve Greehy | 25th October 2019 | Blog
As the global financial crisis took hold in 2008, banks attempted to bring the world economy back to life by slashing base interest rates. The idea behind this is to make saving less attractive, thus prompting people to spend their money instead. In the UK, the Bank... 
by Steve Greehy | 13th September 2019 | News
The domestic reverse charge VAT for construction services was due to take effect from 1 October 2019. Just a few weeks before the measure was due to come into force however, the government has announced a 12-month delay to its introduction. This means that reverse... 
by Steve Greehy | 20th August 2019 | News
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.... 
by Steve Greehy | 31st July 2019 | News
A poll carried out by HMRC has revealed that the vast majority of people gifting money or assets are unaware of the inheritance tax rules that might apply to them. Of the 2,090 people who were questioned by the tax authority, it was found that a mere 25% who have... 
by Steve Greehy | 7th June 2019 | News
Last summer we published a blog revealing that HMRC will be changing the rules around VAT for construction companies. With reverse VAT charges coming into effect from October 2019, now is the time to familiarise yourself with the changes. Why are the rules...